The stock has a 36-month beta value of 1.02. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for FOA is 29.35M, and at present, short sellers hold a 3.72% of that float. On May 07, 2024, the average trading volume of FOA was 93.57K shares.
FOA) stock’s latest price update
The stock price of Finance of America Companies Inc (NYSE: FOA) has jumped by 11.11 compared to previous close of 0.54. Despite this, the company has seen a gain of 11.86% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-29 that Finance of America Companies (FOA) doesn’t possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
FOA’s Market Performance
Finance of America Companies Inc (FOA) has experienced a 11.86% rise in stock performance for the past week, with a -16.67% drop in the past month, and a -20.00% drop in the past quarter. The volatility ratio for the week is 9.08%, and the volatility levels for the past 30 days are at 10.27% for FOA. The simple moving average for the past 20 days is 2.23% for FOA’s stock, with a -43.93% simple moving average for the past 200 days.
Analysts’ Opinion of FOA
Many brokerage firms have already submitted their reports for FOA stocks, with Credit Suisse repeating the rating for FOA by listing it as a “Neutral.” The predicted price for FOA in the upcoming period, according to Credit Suisse is $2 based on the research report published on August 16, 2023 of the previous year 2023.
Morgan Stanley, on the other hand, stated in their research note that they expect to see FOA reach a price target of $5. The rating they have provided for FOA stocks is “Equal-Weight” according to the report published on October 11th, 2021.
Goldman gave a rating of “Neutral” to FOA, setting the target price at $5.50 in the report published on August 19th of the previous year.
FOA Trading at -14.75% from the 50-Day Moving Average
After a stumble in the market that brought FOA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -71.26% of loss for the given period.
Volatility was left at 10.27%, however, over the last 30 days, the volatility rate increased by 9.08%, as shares sank -16.66% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -29.71% lower at present.
During the last 5 trading sessions, FOA rose by +11.86%, which changed the moving average for the period of 200-days by -70.30% in comparison to the 20-day moving average, which settled at $0.5809. In addition, Finance of America Companies Inc saw -45.45% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for FOA
Current profitability levels for the company are sitting at:
- 1.08 for the present operating margin
- 1.17 for the gross margin
The net margin for Finance of America Companies Inc stands at 0.48. The total capital return value is set at -0.0. Equity return is now at value -23.59, with -0.24 for asset returns.
Currently, EBITDA for the company is 6.84 million with net debt to EBITDA at 292.57. When we switch over and look at the enterprise to sales, we see a ratio of 296.74.
Conclusion
To sum up, Finance of America Companies Inc (FOA) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
