How Indie Semiconductor Inc (NASDAQ: INDI) Could Be A Loss Maker Since It Is Down -32.55% YTD?

During the last session, Indie Semiconductor Inc (NASDAQ:INDI)’s traded shares were 2.21 million, with the beta value of the company hitting 1.20. At the end of the trading day, the stock’s price was $5.47, reflecting an intraday loss of -1.26% or -$0.07. The 52-week high for the INDI share is $10.85, that puts it down -98.35 from that peak though still a striking 14.63% gain since the share price plummeted to a 52-week low of $4.67. The company’s market capitalization is $1.00B, and the average trade volume was 2.86 million shares over the past three months.

Indie Semiconductor Inc (NASDAQ:INDI) trade information

Indie Semiconductor Inc (INDI) registered a -1.26% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -1.26% in intraday trading to $5.47, hitting a weekly high. The stock’s 5-day price performance is -1.26%, and it has moved by -14.40% in 30 days. Based on these gigs, the overall price performance for the year is -34.57%.

Indie Semiconductor Inc (INDI) estimates and forecasts

Statistics show that Indie Semiconductor Inc has outperformed its competitors in share price, compared to the industry in which it operates. Indie Semiconductor Inc (INDI) shares have gone up 3.89% during the last six months, with a year-to-date growth rate more than the industry average at 38.24% against 5.80. In the rating firms’ projections, revenue will increase 26.80% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 56.17M as predicted by 7 analyst(s). Meanwhile, a consensus of 7 analyst(s) estimates revenue growth to 60.72M by the end of current fiscal year.

While earnings are projected to return 31.15% in 2024.

INDI Dividends

Indie Semiconductor Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Indie Semiconductor Inc (NASDAQ:INDI)’s Major holders