Indie Semiconductor Inc (NASDAQ: INDI) is -35.76% 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 $5.11 in the last trading session, with the day’s gains setting it 0.1%.
Currently trading at $5.21, the stock is -17.74% and -20.61% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.72 million and changing 1.96% at the moment leaves the stock -24.71% off its SMA200. INDI registered -39.56% loss for a year compared to 6-month gain of -2.43%.
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The stock witnessed a -15.97% loss in the last 1 month and extending the period to 3 months gives it a -28.04%, and is -10.94% 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 6.58% over the week and 5.71% over the month.
Indie Semiconductor Inc (INDI) has around 900 employees, a market worth around $954.58M and $223.17M in sales. Fwd P/E is 32.61. Profit margin for the company is -52.46%. Distance from 52-week low is 11.56% and -51.98% from its 52-week high. The company has generated returns on investments over the last 12 months (-19.08%).
The EPS is expected to grow by 31.15% this year.
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 1,832 shares of the company’s common stock on Apr 22 ’24 at a price of $5.19 per share for a total of $9508.0. Following the sale, the insider now owns 37860.0 shares.
Indie Semiconductor Inc disclosed in a document filed with the SEC on Mar 21 ’24 that Wittmann Michael (Chief Operating Officer) sold a total of 1,580 shares of the company’s common stock. The trade occurred on Mar 21 ’24 and was made at $6.92 per share for $10934.0. Following the transaction, the insider now directly holds 35460.0 shares of the INDI stock.
Still, SEC filings show that on Mar 11 ’24, Wittmann Michael (Chief Operating Officer) disposed off 8,700 shares at an average price of $6.95 for $60465.0. The insider now directly holds 35,460 shares of Indie Semiconductor Inc (INDI).
