The stock of FTAI Infrastructure Inc (FIP) has gone up by 1.38% for the week, with a 14.87% rise in the past month and a 68.74% rise in the past quarter. The volatility ratio for the week is 3.86%, and the volatility levels for the past 30 days are 4.99% for FIP. The simple moving average for the past 20 days is 4.64% for FIP’s stock, with a 71.84% simple moving average for the past 200 days.
Is It Worth Investing in FTAI Infrastructure Inc (NASDAQ: FIP) Right Now?
FIP has 36-month beta value of 1.51. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for FIP is 100.87M, and currently, short sellers hold a 3.08% ratio of that float. The average trading volume of FIP on May 08, 2024 was 928.18K shares.
FIP) stock’s latest price update
FTAI Infrastructure Inc (NASDAQ: FIP)’s stock price has increased by 0.69 compared to its previous closing price of 7.29. However, the company has seen a 1.38% increase in its stock price over the last five trading sessions. GlobeNewsWire reported 2024-04-03 that NEW YORK, April 03, 2024 (GLOBE NEWSWIRE) — FTAI Infrastructure Inc. (NASDAQ:FIP; the “Company” or “FTAI Infrastructure”) plans to announce its financial results for the first quarter 2024 after the closing of Nasdaq on Tuesday, May 7, 2024. A copy of the press release and an earnings supplement will be posted to the Investor Relations section of the Company’s website, https://www.fipinc.com/.
Analysts’ Opinion of FIP
Many brokerage firms have already submitted their reports for FIP stocks, with BTIG Research repeating the rating for FIP by listing it as a “Buy.” The predicted price for FIP in the upcoming period, according to BTIG Research is $10 based on the research report published on April 18, 2024 of the current year 2024.
Compass Point, on the other hand, stated in their research note that they expect to see FIP reach a price target of $7. The rating they have provided for FIP stocks is “Buy” according to the report published on September 21st, 2022.
FIP Trading at 18.14% from the 50-Day Moving Average
After a stumble in the market that brought FIP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.90% of loss for the given period.
Volatility was left at 4.99%, however, over the last 30 days, the volatility rate increased by 3.86%, as shares surge +13.80% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +65.69% upper at present.
During the last 5 trading sessions, FIP rose by +1.38%, which changed the moving average for the period of 200-days by +109.71% in comparison to the 20-day moving average, which settled at $7.06. In addition, FTAI Infrastructure Inc saw 88.69% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for FIP
Current profitability levels for the company are sitting at:
- -0.2 for the present operating margin
- 0.74 for the gross margin
The net margin for FTAI Infrastructure Inc stands at -0.41. The total capital return value is set at -0.03. Equity return is now at value -14.93, with -5.00 for asset returns.
Based on FTAI Infrastructure Inc (FIP), the company’s capital structure generated 0.62 points at debt to capital in total, while cash flow to debt ratio is standing at 0.0. The debt to equity ratio resting at 1.67. The interest coverage ratio of the stock is -0.63.
Currently, EBITDA for the company is 41.5 million with net debt to EBITDA at 34.54. When we switch over and look at the enterprise to sales, we see a ratio of 6.46. The receivables turnover for the company is 4.14for trailing twelve months and the total asset turnover is 0.13. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.23.
Conclusion
To put it simply, FTAI Infrastructure Inc (FIP) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
