Market Update: First Foundation Inc (FFWM) Sees Negative Movement, Closing at 5.46

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In the latest session, First Foundation Inc (NYSE: FFWM) closed at $5.46 down -12.78% from its previous closing price of $6.26. In other words, the price has decreased by -$12.78 from its previous closing price. On the day, 1.33 million shares were traded. FFWM stock price reached its highest trading level at $6.06 during the session, while it also had its lowest trading level at $5.42.

Ratios:

For a deeper understanding of First Foundation Inc’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 1.74 whereas as Long-Term Debt/Eq ratio is at 1.47.

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:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FFWM now has a Market Capitalization of 449710720 and an Enterprise Value of 1409331200. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.69 while its Price-to-Book (P/B) ratio in mrq is 0.39. Its current Enterprise Value per Revenue stands at 13.027.

Stock Price History:

The Beta on a monthly basis for FFWM is 1.38, which has changed by -0.29820627 over the last 52 weeks, in comparison to a change of 0.21794415 over the same period for the S&P500. Over the past 52 weeks, FFWM has reached a high of $10.71, while it has fallen to a 52-week low of $4.84. The 50-Day Moving Average of the stock is -19.82%, while the 200-Day Moving Average is calculated to be -16.11%.

Shares Statistics:

For the past three months, FFWM has traded an average of 488.94K shares per day and 408980 over the past ten days. A total of 82.36M shares are outstanding, with a floating share count of 72.12M. Insiders hold about 12.44% of the company’s shares, while institutions hold 75.04% stake in the company. Shares short for FFWM as of 1736899200 were 5729771 with a Short Ratio of 11.72, compared to 1734048000 on 5098251. Therefore, it implies a Short% of Shares Outstanding of 5729771 and a Short% of Float of 7.39.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 2.15.

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