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 -38.29% away from its 52-week high, while its distance from the 52-week low is 62.25%. 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 31.55 million for the day, which was noticeably lower than the average daily share volume of 56.18 million over the last 3 months.
SoFi Technologies Inc experienced a rather steady stock market performance. The highest value in the past year was recorded at $11.70 on 07/31/23 and the lowest value was $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 -29.77% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 7.05B 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 8.00, with a change in price of -0.79. Similarly, SoFi Technologies Inc recorded 51,381,813 in trading volume during the last 100 days, posting a change of -9.86%.
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 15.37%, indicating a decline from the raw stochastic average of the last 20 days, which was 17.49%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 19.80% and 20.60% 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. The metric has seen a significant loss of -27.44% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -7.08%. Over the past 30 days, the price of SOFI has leaped by -19.60%. And in the last five days, it has fallen by -1.10%.
