Metric Analysis: Indie Semiconductor Inc (INDI)’s Key Ratios in the Limelight

Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.

In the latest session, Indie Semiconductor Inc (NASDAQ: INDI) closed at $3.99 down -4.09% from its previous closing price of $4.16. In other words, the price has decreased by -$4.09 from its previous closing price. On the day, 4.87 million shares were traded. INDI stock price reached its highest trading level at $4.15 during the session, while it also had its lowest trading level at $3.91.

Ratios:

For a deeper understanding of Indie Semiconductor Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.87 and its Current Ratio is at 2.39. In the meantime, Its Debt-to-Equity ratio is 0.43 whereas as Long-Term Debt/Eq ratio is at 0.38.

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 this company, Craig Hallum on February 23, 2024, Reiterated its Buy rating but revised its target price to $10 from $12 previously.

On December 01, 2023, CJS Securities started tracking the stock assigning a Market Outperform rating and target price of $15.

B. Riley Securities Upgraded its Neutral to Buy on February 14, 2023, whereas the target price for the stock was revised from $10 to $13.

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 Jan 06 ’25 when Wittmann Michael sold 2,012 shares for $4.71 per share. The transaction valued at 9,477 led to the insider holds 35,831 shares of the business.

Wittmann Michael sold 3,125 shares of INDI for $13,031 on Jan 02 ’25. The Chief Operating Officer now owns 25,735 shares after completing the transaction at $4.17 per share. On Dec 23 ’24, another insider, Wittmann Michael, who serves as the Chief Operating Officer of the company, sold 18,375 shares for $4.10 each. As a result, the insider received 75,338 and left with 28,860 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, INDI now has a Market Capitalization of 764906944 and an Enterprise Value of 861951616. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.52 while its Price-to-Book (P/B) ratio in mrq is 1.74. Its current Enterprise Value per Revenue stands at 3.767 whereas that against EBITDA is -7.989.

Stock Price History:

The Beta on a monthly basis for INDI is 1.40, which has changed by -0.3873343 over the last 52 weeks, in comparison to a change of 0.22263205 over the same period for the S&P500. Over the past 52 weeks, INDI has reached a high of $7.82, while it has fallen to a 52-week low of $3.16. The 50-Day Moving Average of the stock is -7.95%, while the 200-Day Moving Average is calculated to be -21.64%.

Shares Statistics:

For the past three months, INDI has traded an average of 5.09M shares per day and 4385860 over the past ten days. A total of 181.43M shares are outstanding, with a floating share count of 179.34M. Insiders hold about 11.18% of the company’s shares, while institutions hold 82.95% stake in the company. Shares short for INDI as of 1734048000 were 43008295 with a Short Ratio of 8.87, compared to 1731628800 on 26783343. Therefore, it implies a Short% of Shares Outstanding of 43008295 and a Short% of Float of 27.13.

Most Popular