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The closing price of SoFi Technologies Inc (NASDAQ: SOFI) was $14.67 for the day, up 1.73% from the previous closing price of $14.42. In other words, the price has increased by $1.73 from its previous closing price. On the day, 45.02 million shares were traded. SOFI stock price reached its highest trading level at $14.885 during the session, while it also had its lowest trading level at $14.29.
Ratios:
Our analysis of SOFI’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.17 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 132.70. In the meantime, Its Debt-to-Equity ratio is 0.54 whereas as Long-Term Debt/Eq ratio is at 0.54.
Keefe Bruyette Upgraded its Underperform to Mkt Perform on April 05, 2024, whereas the target price for the stock was revised from $6.50 to $7.50.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 15 ’24 when Pinto Arun bought 23,404 shares for $13.20 per share.
Keough Kelli sold 9,308 shares of SOFI for $96,458 on Oct 21 ’24. The EVP, GBUL, SIPS now owns 152,203 shares after completing the transaction at $10.36 per share. On Sep 23 ’24, another insider, Keough Kelli, who serves as the EVP, GBUL, SIPS of the company, sold 9,308 shares for $7.99 each. As a result, the insider received 74,343 and left with 161,511 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, SOFI now has a Market Capitalization of 15919150080 and an Enterprise Value of 16883510272. As of this moment, SoFi’s Price-to-Earnings (P/E) ratio for their current fiscal year is 124.01, and their Forward P/E ratio for the next fiscal year is 52.08. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.39 while its Price-to-Book (P/B) ratio in mrq is 2.60. Its current Enterprise Value per Revenue stands at 6.702.
Stock Price History:
Over the past 52 weeks, SOFI has reached a high of $14.44, while it has fallen to a 52-week low of $6.01. The 50-Day Moving Average of the stock is 44.79%, while the 200-Day Moving Average is calculated to be 83.76%.
Shares Statistics:
SOFI traded an average of 50.50M shares per day over the past three months and 60539900 shares per day over the past ten days. A total of 1.09B shares are outstanding, with a floating share count of 1.03B. Insiders hold about 4.96% of the company’s shares, while institutions hold 43.65% stake in the company. Shares short for SOFI as of 1730332800 were 162305854 with a Short Ratio of 3.21, compared to 1727654400 on 181139940. Therefore, it implies a Short% of Shares Outstanding of 162305854 and a Short% of Float of 15.75.
