Currently, there are 201.92M common shares owned by the public and among those 179.29M shares have been available to trade.
The company’s stock has a 5-day price change of -12.34% and -16.63% over the past three months. INDI shares are trading -15.80% year to date (YTD), with the 12-month market performance down to -52.90% lower. It has a 12-month low price of $3.16 and touched a high of $7.82 over the same period. INDI has an average intraday trading volume of 4.83 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -15.50%, -18.55%, and -29.29% respectively.
Institutional ownership of Indie Semiconductor Inc (NASDAQ: INDI) shares accounts for 93.99% of the company’s 201.92M shares outstanding.
It has a market capitalization of $688.54M and a beta (3y monthly) value of 1.50. The earnings-per-share (ttm) stands at -$0.76. Price movements for the stock have been influenced by the stock’s volatility, which stands at 7.61% over the week and 6.52% over the month.
Earnings per share for the fiscal year are expected to increase by 55.54%, and 213.31% over the next financial year.
Looking at the support for the INDI, a number of firms have released research notes about the stock. UBS stated their Neutral rating for the stock in a research note on January 24, 2025, with the firm’s price target at $4.50. Craig Hallum coverage for the Indie Semiconductor Inc (INDI) stock in a research note released on February 23, 2024 offered a Buy rating with a price target of $10. CJS Securities was of a view on December 01, 2023 that the stock is Market Outperform, while B. Riley Securities gave the stock Buy rating on February 14, 2023, issuing a price target of $10- $13. B. Riley Securities on their part issued Neutral rating on June 15, 2022.
