Indie Semiconductor Inc (INDI) concluded trading on Wednesday at a closing price of $2.57, with 4.49 million shares of worth about $11.53 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -20.19% during that period and on March 12, 2025 the price saw a loss of about -0.39%. Currently the company’s common shares owned by public are about 189.16M shares, out of which, 185.98M shares are available for trading.
Stock saw a price change of -16.29% in past 5 days and over the past one month there was a price change of -35.26%. Year-to-date (YTD), INDI shares are showing a performance of -36.54% which decreased to -62.26% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $2.43 but also hit the highest price of $7.82 during that period. The average intraday trading volume for Indie Semiconductor Inc shares is 4.01 million. The stock is currently trading -20.95% below its 20-day simple moving average (SMA20), while that difference is down -32.99% for SMA50 and it goes to -44.36% lower than SMA200.
Indie Semiconductor Inc (NASDAQ: INDI) currently have 189.16M outstanding shares and institutions hold larger chunk of about 91.02% of that.
The stock has a current market capitalization of $535.84M and its 3Y-monthly beta is at 1.74. It has posted earnings per share of -$0.75 in the same period. It has Quick Ratio of 4.23 while making debt-to-equity ratio of 0.95. 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 7.81% while standing at 8.52% over the month.
Stock’s fiscal year EPS is expected to rise by 52.68% while it is estimated to increase by 193.64% 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.
