Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Indie Semiconductor Inc’s current trading price is -48.53% away from its 52-week high, while its distance from the 52-week low is 30.22%. The stock’s price range during this period has varied between $3.16 and $7.99. The company, active in the Technology sector, saw a trading volume of around 1.35 million for the day, considerably lower average daily volume of 4.73 million observed over the last three months.
Indie Semiconductor Inc’s stock has seen a rocky market performance. The company’s stock achieved a 1-year high of $7.99 on 01/02/24, and the lowest price during that time was $3.16, recorded on 09/11/24.
How Financial Performance Impacts Market Capitalization
Indie Semiconductor Inc (INDI) has experienced a quarterly rise of 9.73% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 830.89M and boasts a workforce of 900 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 4.03, with a change in price of -0.74. Similarly, Indie Semiconductor Inc recorded 4,081,832 in trading volume during the last 100 days, posting a change of -15.32%.
How INDI’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for INDI stands at 0.43. Similarly, the long-term debt-to-equity ratio is also 0.38.
INDI Stock Stochastic Average
As of today, the raw stochastic average of Indie Semiconductor Inc over the past 50 days is 38.08%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 38.89%. Additionally, the Stochastic %K and %D values for the company were 34.22% and 35.87%, respectively, over the past 20 days.
INDI Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. This year’s metric has recorded a Price decrease of -49.26%. However, over the past six months, we’ve seen a stronger performance of -32.76%. The price of INDI leaped by -21.32% over the last 30 days. And in the last five days, it has surged by 0.37%.