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SoFi Technologies Inc.’s Shares Reel: 0.81% Quarterly Revenue Decline Amid 8.22B Market Cap

The stock price for SoFi Technologies Inc. (SOFI) currently stands at $8.67. The stock experienced a substantial increase in the last session, hitting $9.0699 after starting at $9.05. The stock’s lowest price was $8.63 before closing at $9.07.

The market performance of SoFi Technologies Inc.’s stock has been harmonious in recent times. Over the last year, the company’s stock reached its highest point at $11.70 on 07/31/23, while the lowest value for the same duration was $4.24 on 12/28/22.

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52-week price history of SOFI Stock

Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. SoFi Technologies Inc.’s current trading price is -25.90% away from its 52-week high, while its distance from the 52-week low is 104.48%. The stock’s price range during the 52-week period has remained between $4.24 and $11.70. In the Financial sector, the company’s shares saw a trading volume of around 22.35 million for the day, which was evidently lower than the average daily volume of 38.83 million over the past three months.

Market Capitalization and Financial Performance: An In-Depth Look

SoFi Technologies Inc. (SOFI) has experienced a quarterly rise of 0.81% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 8.22B and boasts a workforce of 4200 employees.

A Closer Look at 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.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 7.93, with a change in price of +2.92. Similarly, SoFi Technologies Inc. recorded 47,664,152 in trading volume during the last 100 days, posting a change of +50.78%.

Examining SOFI’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the 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 presently 20.47%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 54.08%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 78.12% and 81.08%, respectively.

SOFI Stock Price Performance Analysis

Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. This year’s metric has recorded a Price increase of 88.07%. However, over the past six months, we’ve seen a weaker performance of 58.79%. The price of SOFI fallen by 6.91% over the last 30 days. And in the last five days, it has fallen by -2.58%.

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