Indie Semiconductor Inc (NASDAQ:INDI)’s traded shares stood at 0.55 million during the latest session, with the company’s beta value hitting 1.38. At the last check today, the stock’s price was $4.34, to imply an increase of 2.36% or $0.1 in intraday trading. The INDI share’s 52-week high remains $8.63, putting it -98.85% down since that peak but still an impressive 27.19% since price per share fell to its 52-week low of $3.16. The company has a valuation of $876.32M, with an average of 3.86 million shares in intraday trading volume over the past 10 days and average of 4.66 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Indie Semiconductor Inc (INDI), translating to a mean rating of 1.00. Of 4 analyst(s) looking at the stock, 0 analyst(s) give INDI a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 3 recommend it as a Buy.
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Indie Semiconductor Inc (NASDAQ:INDI) trade information
After registering a 2.36% upside in the latest session, Indie Semiconductor Inc (INDI) has traded red over the past five days. The 5-day price performance for the stock is 5.34%, and -19.63% over 30 days. With these gigs, the year-to-date price performance is -46.49%. Short interest in Indie Semiconductor Inc (NASDAQ:INDI) saw shorts transact 28.05 million shares and set a 6.02 days time to cover.
The extremes give us $9 and $9 for target low and target high price respectively. As such, INDI has been trading -107.37% off suggested target high and -107.37% from its likely low.
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 underperformed competitors. Indie Semiconductor Inc (INDI) shares are -29.89% down over the last 6 months, with its year-to-date growth rate lower than industry average at -2.94% against -1.50%.
INDI Dividends
Indie Semiconductor Inc has its next earnings report out in January. 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 (NASDAQ:INDI)’s Major holders
The next major institution holding the largest number of shares is PRIMECAP MANAGEMENT CO/CA/ with 15.78 million shares, or about 9.5862% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $97.36 million.
