Indie Semiconductor Inc (INDI) concluded trading on Wednesday at a closing price of $3.63, with 7.99 million shares of worth about $29.01 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -11.57% during that period and on February 12, 2025 the price saw a loss of about -3.97%. Currently the company’s common shares owned by public are about 181.43M shares, out of which, 179.23M shares are available for trading.
Stock saw a price change of -15.97% in past 5 days and over the past one month there was a price change of -9.02%. Year-to-date (YTD), INDI shares are showing a performance of -10.37% which decreased to -51.54% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $3.16 but also hit the highest price of $7.82 during that period. The average intraday trading volume for Indie Semiconductor Inc shares is 4.81 million. The stock is currently trading -13.10% below its 20-day simple moving average (SMA20), while that difference is down -14.71% for SMA50 and it goes to -25.59% lower than SMA200.
Indie Semiconductor Inc (NASDAQ: INDI) currently have 181.43M outstanding shares and institutions hold larger chunk of about 94.48% of that.
The stock has a current market capitalization of $732.95M and its 3Y-monthly beta is at 1.50. It has posted earnings per share of -$0.67 in the same period. It has Quick Ratio of 1.87 while making debt-to-equity ratio of 0.43. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for INDI, volatility over the week remained 7.50% while standing at 6.42% over the month.
Stock’s fiscal year EPS is expected to drop by -34.73% while it is estimated to increase by 79.81% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by UBS on January 24, 2025 offering a Neutral rating for the stock and assigned a target price of $4.50 to it. Coverage by Craig Hallum stated Indie Semiconductor Inc (INDI) stock as a Buy in their note to investors on February 23, 2024, suggesting a price target of $10 for the stock. On December 01, 2023, CJS Securities Initiated their recommendations, while on February 14, 2023, B. Riley Securities Upgrade their ratings for the stock with a price target of $13. Stock get a Neutral rating from B. Riley Securities on June 15, 2022.
