FTC Solar Inc (FTCI) concluded trading on Thursday at a closing price of $0.25, with 4.41 million shares of worth about $1.1 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -46.54% during that period and on August 08, 2024 the price saw a loss of about -33.40%. Currently the company’s common shares owned by public are about 125.45M shares, out of which, 72.15M shares are available for trading.
Stock saw a price change of -38.35% in past 5 days and over the past one month there was a price change of -30.44%. Year-to-date (YTD), FTCI shares are showing a performance of -63.45% which decreased to -92.68% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.28 but also hit the highest price of $3.51 during that period. The average intraday trading volume for FTC Solar Inc shares is 629.09K. The stock is currently trading -37.55% below its 20-day simple moving average (SMA20), while that difference is down -39.44% for SMA50 and it goes to -54.85% lower than SMA200.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
FTC Solar Inc (NASDAQ: FTCI) currently have 125.45M outstanding shares and institutions hold larger chunk of about 20.18% of that.
The stock has a current market capitalization of $31.90M and its 3Y-monthly beta is at 1.55. It has posted earnings per share of -$0.40 in the same period. It has Quick Ratio of 1.31 while making debt-to-equity ratio of 0.21. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for FTCI, volatility over the week remained 25.08% while standing at 13.67% over the month.
Stock’s fiscal year EPS is expected to rise by 23.31% while it is estimated to increase by 78.30% in next year.
Coverage by Northland Capital stated FTC Solar Inc (FTCI) stock as a Market perform in their note to investors on November 09, 2023, suggesting a price target of $0.65 for the stock. On August 15, 2023, UBS Downgrade their recommendations, while on April 13, 2023, H.C. Wainwright Initiated their ratings for the stock with a price target of $5. Stock get a Buy rating from BofA Securities on March 15, 2023.
