FormFactor Inc (FORM) At $41.12 Offering A Unique Opportunity

FormFactor Inc (NASDAQ:FORM) currently has a daily average trading volume of 797.59K but it saw 1230449 shares traded in last market. With a market cap of 3.18B USD, the company’s current market price of $41.12 came rising about 3.84 while comparing to the previous closing price of $39.60. In past 52 weeks, the stock remained buoying in the range of price level as high as $63.62 and as low as $37.25. In the recent trading on the day, stock has struck highest price mark of $39.19 while lowest mark touched by it was $41.58.

Taking a look at 20-day trading activity of FormFactor Inc (FORM) gives us an average price of $41.92, while its current price level is -35.37% below from 52-week high level whereas it is 10.39% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $42.67 while that of 200 days or SMA-200 reads an average of $47.84. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.33% during that period while stretching the period over a month that increases to 4.49%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 47.25 which implies that the stock is in neutral territory.

Citigroup upgraded its recommendation for the stock as a “Buy” from “Neutral” on January 06, 2025 while assigning a price target range of $44-$51. TD Cowen issued its recommendations for the stock as it reiterated the price target for the stock in the range of between $60 and $44.

Over the week, FORM’s stock price is moving 5.52% up while it is -7.51% when we observe its performance for the past one month. Year-to-date it is -6.55% down and over the past year, the stock is showing an upside performance of 4.50%.

Currently, FormFactor Inc’s total number of outstanding shares is 77.45M. Company’s return on investment (ROI) stands at 13.75% and return on equity (ROE) at 15.12%. It has a price to earnings ratio (P/E ratio) of 23.77 while having a 21.50 of forward P/E ratio. Stock’s beta reads 1.05. Stock has a price to book (P/B) ratio of 3.33 while price to sale or P/S ratio amounts to 4.29. Its return on asset (ROA) is 12.42% on average.