In last trading session, FTAI Infrastructure Inc (NASDAQ:FIP) saw 1.44 million shares changing hands with its beta currently measuring 1.84. Company’s recent per share price level of $4.49 trading at $0.02 or 0.45% at ring of the bell on the day assigns it a market valuation of $511.60M. That closing price of FIP’s stock is at a discount of -132.74% from its 52-week high price of $10.45 and is indicating a premium of 1.56% from its 52-week low price of $4.42. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.11 million shares which gives us an average trading volume of 1.15 million if we extend that period to 3-months.
For FTAI Infrastructure Inc (FIP), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 3 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
FTAI Infrastructure Inc (NASDAQ:FIP) trade information
Upright in the green during last session for gaining 0.45%, in the last five days FIP remained trading in the red while hitting it’s week-highest on Thursday, 03/27/25 when the stock touched $4.49 price level, adding 9.29% to its value on the day. FTAI Infrastructure Inc’s shares saw a change of -38.15% in year-to-date performance and have moved -8.92% in past 5-day. FTAI Infrastructure Inc (NASDAQ:FIP) showed a performance of -17.01% in past 30-days. Number of shares sold short was 13.63 million shares which calculate 9.09 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 12 to the stock, which implies a rise of 62.58% to its current value. Analysts have been projecting 10 as a low price target for the stock while placing it at a high target of 13. It follows that stock’s current price would drop -122.72% in reaching the projected high whereas dropping to the targeted low would mean a loss of -122.72% for stock’s current value.
FTAI Infrastructure Inc (NASDAQ:FIP)’s Major holders
Insiders are in possession of 1.24% of company’s total shares while institution are holding 88.86 percent of that, with stock having share float percentage of 89.98%. Investors also watch the number of corporate investors in a company very closely, which is 88.86% institutions for FTAI Infrastructure Inc that are currently holding shares of the company. WASHINGTON STATE INVESTMENT BOARD is the top institutional holder at FIP for having 11.79 million shares of worth $101.71 million. And as of 2024-06-30, it was holding 11.2203 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 8.0 million shares on 2024-06-30. The number of shares represents firm’s hold over 7.6192 of outstanding shares, having a total worth of $69.07 million.
