Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The price of SoFi Technologies Inc (NASDAQ: SOFI) closed at $15.65 in the last session, down -4.11% from day before closing price of $16.32. In other words, the price has decreased by -$4.11 from its previous closing price. On the day, 50.51 million shares were traded. SOFI stock price reached its highest trading level at $16.2 during the session, while it also had its lowest trading level at $15.62.
Ratios:
We take a closer look at SOFI’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.52 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 141.57. In the meantime, Its Debt-to-Equity ratio is 0.54 whereas as Long-Term Debt/Eq ratio is at 0.54.
Keefe Bruyette Upgraded its Underperform to Mkt Perform on April 05, 2024, whereas the target price for the stock was revised from $6.50 to $7.50.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 04 ’24 when SLTA IV (GP), L.L.C. sold 24,105,908 shares for $16.03 per share. The transaction valued at 386,482,445 led to the insider holds 0 shares of the business.
SLTA IV (GP), L.L.C. sold 5,289,704 shares of SOFI for $84,109,962 on Dec 03 ’24. The Director now owns 395,332 shares after completing the transaction at $15.90 per share. On Dec 02 ’24, another insider, SLTA IV (GP), L.L.C., who serves as the Director of the company, sold 1,758,553 shares for $16.06 each. As a result, the insider received 28,242,361 and left with 482,083 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SOFI now has a Market Capitalization of 17709539328 and an Enterprise Value of 17946953728. As of this moment, SoFi’s Price-to-Earnings (P/E) ratio for their current fiscal year is 132.29, and their Forward P/E ratio for the next fiscal year is 55.57. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.68 while its Price-to-Book (P/B) ratio in mrq is 2.77. Its current Enterprise Value per Revenue stands at 7.124.
Stock Price History:
Over the past 52 weeks, SOFI has reached a high of $16.61, while it has fallen to a 52-week low of $6.01. The 50-Day Moving Average of the stock is 33.66%, while the 200-Day Moving Average is calculated to be 87.13%.
Shares Statistics:
According to the various share statistics, SOFI traded on average about 51.29M shares per day over the past 3-months and 46098560 shares per day over the past 10 days. A total of 1.08B shares are outstanding, with a floating share count of 1.03B. Insiders hold about 4.96% of the company’s shares, while institutions hold 43.66% stake in the company. Shares short for SOFI as of 1731628800 were 148717776 with a Short Ratio of 2.90, compared to 1728950400 on 180669028. Therefore, it implies a Short% of Shares Outstanding of 148717776 and a Short% of Float of 14.430000000000001.
