Indie Semiconductor Inc (NASDAQ: INDI) is -27.87% lower on its value in year-to-date trading and has touched a low of $4.67 and a high of $10.85 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The INDI stock was last observed hovering at around $6.00 in the last trading session, with the day’s loss setting it -0.15%.
Currently trading at $5.85, the stock is -10.64% and -12.15% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.94 million and changing -2.50% at the moment leaves the stock -16.58% off its SMA200. INDI registered -34.93% loss for a year compared to 6-month gain of 20.12%.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a -5.34% loss in the last 1 month and extending the period to 3 months gives it a -13.84%, and is -17.72% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.62% over the week and 5.52% over the month.
Indie Semiconductor Inc (INDI) has around 900 employees, a market worth around $1.07B and $223.17M in sales. Fwd P/E is 36.62. Profit margin for the company is -52.46%. Distance from 52-week low is 25.27% and -46.08% from its 52-week high. The company has generated returns on investments over the last 12 months (-19.08%).
Indie Semiconductor Inc quarterly earnings per share for the current quarter are estimated at -$0.08 with sales reaching $56.17M over the same period.The EPS is expected to grow by 31.15% this year, but quarterly earnings will post 26.80% year-over-year. Quarterly sales are estimated to grow 40.40% in year-over-year returns.
Indie Semiconductor Inc (INDI) Top Institutional Holders
The shares outstanding are 163.19M, and float is at 153.01M with Short Float at 15.17%.
Indie Semiconductor Inc (INDI) Insider Activity
The most recent transaction is an insider sale by Wittmann Michael,the company’sChief Operating Officer. SEC filings show that Wittmann Michael sold 1,580 shares of the company’s common stock on Mar 21 ’24 at a price of $6.92 per share for a total of $10934.0. Following the sale, the insider now owns 35460.0 shares.
Indie Semiconductor Inc disclosed in a document filed with the SEC on Mar 11 ’24 that Wittmann Michael (Chief Operating Officer) sold a total of 8,700 shares of the company’s common stock. The trade occurred on Mar 11 ’24 and was made at $6.95 per share for $60465.0. Following the transaction, the insider now directly holds 35460.0 shares of the INDI stock.
Still, SEC filings show that on Mar 04 ’24, Aoki Ichiro (President) disposed off 50,000 shares at an average price of $6.77 for $0.34 million. The insider now directly holds 31,208 shares of Indie Semiconductor Inc (INDI).
