indie Semiconductor Inc. (NASDAQ:INDI) went down by -8.35% from its latest closing price compared to the recent 1-year high of $16.33. The company’s stock price has collected -8.87% of loss in the last five trading sessions. Press Release reported on 12/23/21 that AdTheorent to Trade Today on NASDAQ Under Ticker “ADTH”
Is It Worth Investing in indie Semiconductor Inc. (NASDAQ :INDI) Right Now?
The average price from analysts is $18.50, which is $8.84 above the current price. INDI currently public float of 51.19M and currently shorts hold a 11.97% ratio of that float. Today, the average trading volume of INDI was 1.44M shares.
INDI’s Market Performance
INDI stocks went down by -8.87% for the week, with a monthly drop of -14.66% and a quarterly performance of -14.66%, while its annual performance rate touched -26.71%. The volatility ratio for the week stands at 6.78% while the volatility levels for the past 30 days are set at 5.76% for indie Semiconductor Inc.. The simple moving average for the period of the last 20 days is -14.00% for INDI stocks with a simple moving average of -10.87% for the last 200 days.
Analysts’ Opinion of INDI
Many brokerage firms have already submitted their reports for INDI stocks, with KeyBanc Capital Markets repeating the rating for INDI by listing it as a “Overweight.” The predicted price for INDI in the upcoming period, according to KeyBanc Capital Markets is $18 based on the research report published on October 20th of the previous year 2021.
B. Riley Securities, on the other hand, stated in their research note that they expect to see INDI reach a price target of $18. The rating they have provided for INDI stocks is “Buy” according to the report published on August 24th, 2021.
The Benchmark Company gave a rating of “Buy” to INDI, setting the target price at $17 in the report published on August 11th of the previous year.
INDI Trading at -24.23% from the 50-Day Moving Average
After a stumble in the market that brought INDI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -40.85% of loss for the given period.
Volatility was left at 5.76%, however, over the last 30 days, the volatility rate increased by 6.78%, as shares sank -19.77% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -29.44% lower at present.
During the last 5 trading sessions, INDI fell by -8.87%, in comparison to the 20-day moving average, which settled at $11.11. In addition, indie Semiconductor Inc. saw -19.43% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at INDI starting from Kee Scott David, who sale 300,000 shares at the price of $10.94 back on Dec 17. After this action, Kee Scott David now owns 633 shares of indie Semiconductor Inc., valued at $3,282,000 using the latest closing price.
Kee Scott David, the Chief Technology Officer of indie Semiconductor Inc., sale 5,700 shares at $12.25 during a trade that took place back on Dec 16, which means that Kee Scott David is holding 633 shares at $69,825 based on the most recent closing price.
Stock Fundamentals for INDI
The total capital return value is set at -0.56, while invested capital returns managed to touch -25.45.
Based on indie Semiconductor Inc. (INDI), the company’s capital structure generated 0.13 points at debt to equity in total, while total debt to capital is 0.13.
When we switch over and look at the enterprise to sales, we see a ratio of 64.26, with the company’s debt to enterprise value settled at 0.00. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.00.