Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.
The price of FTAI Infrastructure Inc (NASDAQ: FIP) closed at $4.51 in the last session, up 4.88% from day before closing price of $4.30. In other words, the price has increased by $4.88 from its previous closing price. On the day, 0.83 million shares were traded. FIP stock price reached its highest trading level at $4.585 during the session, while it also had its lowest trading level at $4.36.
Ratios:
We take a closer look at FIP’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.86 and its Current Ratio is at 0.86. In the meantime, Its Debt-to-Equity ratio is 2.84 whereas as Long-Term Debt/Eq ratio is at 2.74.
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, JMP Securities on June 26, 2024, initiated with a Mkt Outperform rating and assigned the stock a target price of $11.
On April 18, 2024, BTIG Research started tracking the stock assigning a Buy rating and target price of $10.
On September 21, 2022, Compass Point started tracking the stock assigning a Buy rating and target price of $7.Compass Point initiated its Buy rating on September 21, 2022, with a $7 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Aug 09 ’24 when FIG Buyer GP, LLC sold 3,399,501 shares for $9.04 per share. The transaction valued at 30,731,489 led to the insider holds 8,418,561 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FIP now has a Market Capitalization of 517572128 and an Enterprise Value of 2407697920. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.56 while its Price-to-Book (P/B) ratio in mrq is 2.54. Its current Enterprise Value per Revenue stands at 7.263 whereas that against EBITDA is 29.445.
Stock Price History:
The Beta on a monthly basis for FIP is 1.85, which has changed by -0.38134432 over the last 52 weeks, in comparison to a change of 0.09765589 over the same period for the S&P500. Over the past 52 weeks, FIP has reached a high of $10.45, while it has fallen to a 52-week low of $3.10. The 50-Day Moving Average of the stock is -2.02%, while the 200-Day Moving Average is calculated to be -40.08%.
Shares Statistics:
According to the various share statistics, FIP traded on average about 1.34M shares per day over the past 3-months and 1097040 shares per day over the past 10 days. A total of 113.93M shares are outstanding, with a floating share count of 107.87M. Insiders hold about 6.01% of the company’s shares, while institutions hold 87.89% stake in the company. Shares short for FIP as of 1744675200 were 14797390 with a Short Ratio of 11.02, compared to 1741910400 on 13630412. Therefore, it implies a Short% of Shares Outstanding of 14797390 and a Short% of Float of 17.979999.
Dividends & Splits
The forward annual dividend rate for FIP is 0.12, which was 0.12 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.027906975
