In last trading session, Indie Semiconductor Inc (NASDAQ:INDI) saw 1.59 million shares changing hands with its beta currently measuring 1.20. Company’s recent per share price level of $5.81 trading at $0.33 or 6.02% at ring of the bell on the day assigns it a market valuation of $1.08B. That closing price of INDI’s stock is at a discount of -86.75% from its 52-week high price of $10.85 and is indicating a premium of 19.62% from its 52-week low price of $4.67. Taking a look at company’s average trading volume volume of 2.91 million if we extend that period to 3-months.
Indie Semiconductor Inc (NASDAQ:INDI) trade information
Upright in the green during last session for gaining 6.02%, in the last five days INDI remained trading in the green while hitting it’s week-highest on Monday, 04/29/24 when the stock touched $5.81 price level, adding 1.36% to its value on the day. Indie Semiconductor Inc’s shares saw a change of -28.36% in year-to-date performance and have moved 6.22% in past 5-day. Indie Semiconductor Inc (NASDAQ:INDI) showed a performance of -9.15% in past 30-days.
Indie Semiconductor Inc (INDI) estimates and forecasts
Statistics highlight that Indie Semiconductor Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 18.81% of value to its shares in past 6 months, showing an annual growth rate of 38.24% while that of industry is 4.70. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 26.80% from the last financial year’s standing.
7 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 56.17M for the same. And 7 analysts are in estimates of company making revenue of 60.72M in the next quarter.
INDI Dividends
Indie Semiconductor Inc is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
