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Can SoFi Technologies Inc. Bounce Back? 52-Week Performance and Analyst Predictions

SoFi Technologies Inc. (SOFI) has a current stock price of $9.03. During the previous trading session, the stock witnessed a notable rise, reaching a high of $9.1799 after opening at $8.89. The stock’s low for the day was $8.86, and it eventually closed at $9.05.

SoFi Technologies Inc.’s stock market performance has been consistent. The 1-year high for the company’s stock was recorded at $11.70 on 07/31/23, with the lowest value being $4.24 on 12/28/22.

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52-week price history of SOFI Stock

A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. SoFi Technologies Inc.’s current trading price is -22.82% away from its 52-week high, while its distance from the 52-week low is 112.97%. The stock’s price range during this period has fluctuated between $4.24 and $11.70. Shares of the company, which operates in the Financial sector, recorded a trading volume of around 10.38 million for the day, which was evidently lower than the average daily volume of 39.89 million over the last three months.

Financial Performance and Market Capitalization

SoFi Technologies Inc. (SOFI) has experienced a quarterly decline of -5.45% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 8.60B and boasts a workforce of 4200 employees.

Analysts’ Ratings For SoFi Technologies Inc.

As of right now, 6 analysts are rating SoFi Technologies Inc. as a BUY, 1 of the polled analysts branded the stock as an OVERWEIGHT, 9 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 4 analysts are rating the stock as SELL.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 7.90, with a change in price of +3.22. Similarly, SoFi Technologies Inc. recorded 47,438,172 in trading volume during the last 100 days, posting a change of +55.15%.

SOFI Debt-to-equity ratio analysis

The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for SOFI stands at 1.24. Similarly, the long-term debt-to-equity ratio is also 1.24.

SOFI Stock Stochastic Average

SoFi Technologies Inc.’s raw stochastic average for the past 50 days is currently at 30.31%. This represents a fall from the raw stochastic average of the last 20 days, which was recorded at 88.98%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 82.82% and 82.96%, respectively.

SOFI Stock Price Performance Analysis

Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. The index has shown a price gain of 95.88% this year. Over the last six months, there has been a weaker performance of 65.69%. The price of SOFI fallen by 9.32% during the last 30 days period. For the last 5-days stocks have improved 5.61%.

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