Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. SoFi Technologies Inc’s current trading price is -36.32% away from its 52-week high, while its distance from the 52-week low is 67.42%. The stock’s price range over this period has fluctuated between $4.45 and $11.70. The company, operating within the financial sector, had a trading volume of approximately 27.28 million for the day, which was noticeably lower than the average daily share volume of 56.53 million over the last 3 months.
SoFi Technologies Inc ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $11.70 on 07/31/23, while the lowest value for the same period was recorded at $4.45 on 05/15/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
SoFi Technologies Inc (SOFI) has experienced a quarterly decline of -22.72% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 7.28B and boasts a workforce of 4400 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 8.02, with a change in price of +0.51. Similarly, SoFi Technologies Inc recorded 51,952,621 in trading volume during the last 100 days, posting a change of +7.35%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for SOFI stands at 0.97. Similarly, the long-term debt-to-equity ratio is also 0.96.
SOFI Stock Stochastic Average
Today, SoFi Technologies Inc’s raw stochastic average for the past 50 days stands at 24.10%, indicating a decline from the raw stochastic average of the last 20 days, which was 26.85%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 24.59% and 21.96% respectively.
SOFI Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. The index has shown a price loss of -25.13% this year. Over the last six months, there has been a stronger performance of -1.19%. The price of SOFI leaped by -8.81% during the last 30 days period. For the last 5-days stocks have improved 5.23%.
