Market Update: First Foundation Inc (FFWM) Sees Positive Movement, Closing at 6.21

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In the latest session, First Foundation Inc (NYSE: FFWM) closed at $6.21 up 3.67% from its previous closing price of $5.99. In other words, the price has increased by $3.67 from its previous closing price. On the day, 1.62 million shares were traded. FFWM stock price reached its highest trading level at $6.36 during the session, while it also had its lowest trading level at $5.9.

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 511484160 and an Enterprise Value of 1405213952. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.81 while its Price-to-Book (P/B) ratio in mrq is 0.45. Its current Enterprise Value per Revenue stands at 12.989.

Stock Price History:

Over the past 52 weeks, FFWM has reached a high of $11.47, while it has fallen to a 52-week low of $4.84. The 50-Day Moving Average of the stock is -16.97%, while the 200-Day Moving Average is calculated to be -6.81%.

Shares Statistics:

For the past three months, FFWM has traded an average of 537.32K shares per day and 549860 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 71.49% stake in the company. Shares short for FFWM as of 1732838400 were 4945084 with a Short Ratio of 9.20, compared to 1730332800 on 4966517. Therefore, it implies a Short% of Shares Outstanding of 4945084 and a Short% of Float of 6.38.

Dividends & Splits

According to the company, the forward annual dividend rate for FFWM is 0.02, from 0.01 in the trailing year. Against a Trailing Annual Dividend Yield of 0.0016694491The stock’s 5-year Average Dividend Yield is 2.16.

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