Check Out Indie Semiconductor Inc (INDI)’s Trade Data Rather Than the Analysts’ Views

With 4.85 million shares changed hands, the volume of the stock remained heavier than its average volume of 3.06 million shares. During the session, the Semiconductor Equipment & Materials company that operates in wider Technology sector, reached to the highest price of $6.1189 whereas the lowest price it dropped to was $5.73. The 52-week range on INDI shows that it touched its highest point at $10.85 and its lowest point at $4.67 during that stretch. It currently has a 1-year price target of $11.48. Beta for the stock currently stands at 1.20.

Price Performance and Earnings:

Three-month performance dropped to -13.40% while six-month performance rose 6.56%. The stock lost -28.28% in the past year, while it has lost -25.89% so far this year. A look at the trailing 12-month EPS for INDI yields -0.49 with Next year EPS estimates of 0.15. For the next quarter, that number is -0.09. This implies an EPS growth rate of 15.18% for this year and 165.38% for next year.

Float and Shares Shorts:

At present, 163.19 million INDI shares are outstanding with a float of 155.16 million shares on hand for trading. On 2024-04-30, short shares totaled 26.83 million, which was 1609.0 higher than short shares on 1711584000. In addition to Mr. Donald McClymont as the firm’s Co-Founder, CEO & Director, Dr. Ichiro Aoki Ph.D. serves as its President & Director.

Institutional Ownership:

Through their ownership of 0.81171995 of INDI’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-03-31, INDI reported revenue of $52353000.0 and operating income of -$49647000.0. The EBITDA in the recently reported quarter was -$38462000.0 and diluted EPS was -$0.19.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for INDI since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.