Market Recap: First Foundation Inc (FFWM)’s Negative Momentum, Closing at 5.17

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The closing price of First Foundation Inc (NYSE: FFWM) was $5.17 for the day, down -1.90% from the previous closing price of $5.27. In other words, the price has decreased by -$1.90 from its previous closing price. On the day, 0.51 million shares were traded.

Ratios:

Our analysis of FFWM’s different ratios will help us gain a deeper understanding of the company. In the meantime, Its Debt-to-Equity ratio is 1.52 whereas as Long-Term Debt/Eq ratio is at 1.52.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, DA Davidson on July 03, 2024, Upgraded its rating to Buy and sets its target price to $9 from $8 previously.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 18 ’24 when KAVANAUGH SCOTT F bought 636,160 shares for $6.58 per share.

KELLER ULRICH E. JR sold 25,000 shares of FFWM for $203,975 on Feb 29 ’24. The Chairman now owns 1,230,622 shares after completing the transaction at $8.16 per share.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 0.64 while its Price-to-Book (P/B) ratio in mrq is 0.44.

Stock Price History:

Over the past 52 weeks, FFWM has reached a high of $8.52, while it has fallen to a 52-week low of $4.66. The 50-Day Moving Average of the stock is -14.95%, while the 200-Day Moving Average is calculated to be -19.65%.

Shares Statistics:

A total of 82.37M shares are outstanding, with a floating share count of 71.44M. Insiders hold about 13.26% of the company’s shares, while institutions hold 77.19% stake in the company.

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