Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $3.59 in the prior trading day, FTC Solar Inc (NASDAQ: FTCI) closed at $3.50, down -2.51%. In other words, the price has decreased by -$2.51 from its previous closing price. On the day, 0.12 million shares were traded. FTCI stock price reached its highest trading level at $3.6599 during the session, while it also had its lowest trading level at $3.39.
Ratios:
Our goal is to gain a better understanding of FTCI by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.08 and its Current Ratio is at 1.38. In the meantime, Its Debt-to-Equity ratio is 0.72 whereas as Long-Term Debt/Eq ratio is at 0.68.
On November 09, 2023, Northland Capital Downgraded its rating to Market Perform which previously was Outperform but kept the price unchanged to $0.65.
UBS Downgraded its Buy to Neutral on August 15, 2023, whereas the target price for the stock was revised from $4 to $2.50.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Apr 02 ’25 when Chatila Ahmad R bought 16,740 shares for $2.93 per share. The transaction valued at 49,048 led to the insider holds 1,984,708 shares of the business.
Chatila Ahmad R bought 16,922 shares of FTCI for $49,243 on Apr 01 ’25. The Director now owns 1,967,968 shares after completing the transaction at $2.91 per share. On Apr 01 ’25, another insider, Behnen Cathy, who serves as the CHIEF FINANCIAL OFFICER of the company, sold 2,640 shares for $2.63 each. As a result, the insider received 6,943 and left with 949,349 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, FTCI now has a Market Capitalization of 45750248 and an Enterprise Value of 50977420. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.82 while its Price-to-Book (P/B) ratio in mrq is 2.95. Its current Enterprise Value per Revenue stands at 0.917 whereas that against EBITDA is -1.031.
Stock Price History:
The Beta on a monthly basis for FTCI is 1.27, which has changed by -0.3217054 over the last 52 weeks, in comparison to a change of 0.09362543 over the same period for the S&P500. Over the past 52 weeks, FTCI has reached a high of $7.40, while it has fallen to a 52-week low of $1.76. The 50-Day Moving Average of the stock is 14.83%, while the 200-Day Moving Average is calculated to be -7.15%.
Shares Statistics:
The stock has traded on average 91.13K shares per day over the past 3-months and 94630 shares per day over the last 10 days, according to various share statistics. A total of 13.07M shares are outstanding, with a floating share count of 7.16M. Insiders hold about 45.28% of the company’s shares, while institutions hold 5.05% stake in the company. Shares short for FTCI as of 1745971200 were 1126716 with a Short Ratio of 12.36, compared to 1743379200 on 887087. Therefore, it implies a Short% of Shares Outstanding of 1126716 and a Short% of Float of 13.430000999999999.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
