SoFi Technologies Inc (NASDAQ:SOFI) currently has a daily average trading volume of 46.15M but it saw 37902588 shares traded in last market. With a market cap of 12.49B USD, the company’s current market price of $11.39 came falling about -4.45 while comparing to the previous closing price of $11.92. In past 52 weeks, the stock remained buoying in the range of price level as high as $18.42 and as low as $6.01. In the recent trading on the day, stock has struck highest price mark of $11.315 while lowest mark touched by it was $12.09.
Taking a look at 20-day trading activity of SoFi Technologies Inc (SOFI) gives us an average price of $13.84, while its current price level is -38.17% below from 52-week high level whereas it is 89.52% 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 $14.90 while that of 200 days or SMA-200 reads an average of $10.86. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.42% during that period while stretching the period over a month that decreases to 6.50%. 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 33.49 which implies that the stock is in neutral territory.
Keefe Bruyette downgraded its recommendation for the stock as a “Underperform” from “Mkt Perform” on January 02, 2025 while assigning a price target range of $7-$8. BofA Securities issued its recommendations for the stock as it downgraded the price target for the stock is $12.
Over the week, SOFI’s stock price is moving -8.51% down while it is -23.20% when we observe its performance for the past one month. Year-to-date it is -26.04% down and over the past year, the stock is showing an upside performance of 48.31%.
The company is expected to be releasing its next quarterly report on 2025-Jan-26, for which analysts forecasted an EPS of 0.04 while estimate for next year EPS is 0.27. In next quarter, company is expected to be making quarterly sales of $797.26M as analysts are expecting the sales for current fiscal year at $3.19B and seeing the company making $3.8B in sales next year. Moreover, analysts are in estimates of $740.06M for current-quarter revenue.
Currently, SoFi Technologies Inc’s total number of outstanding shares is 1.10B with 3.31% of that held by the insiders while 47.93% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 4.89% and return on equity (ROE) at 8.26%. It has a price to earnings ratio (P/E ratio) of 29.81 while having a 21.95 of forward P/E ratio. Stock’s beta reads 1.85. Stock has a price to book (P/B) ratio of 1.91 while price to sale or P/S ratio amounts to 3.32. Its return on asset (ROA) is 1.50% on average.
