For the readers interested in the stock health of SoFi Technologies Inc. (SOFI). It is currently valued at $5.37. When the transactions were called off in the previous session, Stock hit the highs of $5.54, after setting-off with the price of $5.35. Company’s stock value dipped to $5.28 during the trading on the day. When the trading was stopped its value was $5.45.Recently in News on March 2, 2023, SoFi Named to Fast Company’s Annual List of the World’s Most Innovative Companies for 2023. Ranked No. 3 on the prestigious annual list, the digital personal finance company joins the ranks of OpenAI, Disney, Tiffany & Co., and more. You can read further details here
SoFi Technologies Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $10.57 on 03/30/22, with the lowest value was $4.24 for the same time period, recorded on 12/28/22.
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SoFi Technologies Inc. (SOFI) full year performance was -37.34%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, SoFi Technologies Inc. shares are logging -49.20% during the 52-week period from high price, and 26.65% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $4.24 and $10.57.
The company’s shares, operating in the sector of Financial managed to top a trading volume set approximately around 8576571 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the SoFi Technologies Inc. (SOFI) recorded performance in the market was 16.49%, having the revenues showcasing 14.26% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 5.56B, as it employees total of 4200 workers.
The Analysts eye on SoFi Technologies Inc. (SOFI)
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 5.55, with a change in the price was noted +0.24. In a similar fashion, SoFi Technologies Inc. posted a movement of +4.64% for the period of last 100 days, recording 41,839,688 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for SOFI is recording 1.06 at the time of this writing. In addition, long term Debt to Equity ratio is set at 1.06.
Technical rundown of SoFi Technologies Inc. (SOFI)
Raw Stochastic average of SoFi Technologies Inc. in the period of last 50 days is set at 23.97%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 15.45%. In the last 20 days, the company’s Stochastic %K was 15.22% and its Stochastic %D was recorded 16.55%.
Considering, the past performance of SoFi Technologies Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 16.49%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -16.22%, alongside a downfall of -37.34% for the period of the last 12 months. The shares increased approximately by -3.76% in the 7-day charts and went up by -25.93% in the period of the last 30 days. Common stock shares were driven by 14.26% during last recorded quarter.