Indie Semiconductor Inc (NASDAQ: INDI) Stock Has Dropped -11.06% Over The Month – Is There Room For Growth?

Indie Semiconductor Inc (NASDAQ:INDI)’s traded shares stood at 4.13 million during the last session, with the company’s beta value hitting 1.20. At the close of trading, the stock’s price was $5.79, to imply a decrease of -0.52% or -$0.03 in intraday trading. The INDI share’s 52-week high remains $10.85, putting it -87.39% down since that peak but still an impressive 19.34% since price per share fell to its 52-week low of $4.67. The company has a valuation of $1.07B, with an average of 2.89 million shares over the past 3 months.

Indie Semiconductor Inc (NASDAQ:INDI) trade information

After registering a -0.52% downside in the last session, Indie Semiconductor Inc (INDI) has traded red over the past five days. The stock hit a weekly high of 6.29, dropping -0.52% in its intraday price action. The 5-day price performance for the stock is -0.34%, and -11.06% over 30 days. With these gigs, the year-to-date price performance is -28.61%.

Indie Semiconductor Inc (INDI) estimates and forecasts

Looking at statistics comparing Indie Semiconductor Inc share performance against respective industry, we note that the company has outperformed competitors. Indie Semiconductor Inc (INDI) shares are 12.43% up over the last 6 months, with its year-to-date growth rate higher than industry average at 38.24% against 4.20%.

INDI Dividends

Indie Semiconductor Inc has its next earnings report out in June. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Indie Semiconductor Inc has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.