After Hours
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. The stock was recently discussed on Yahoo Finance as it revealed that indie Promotes Key Senior Management.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Stocks Info
As a NASDAQ listed company, INDI falls under the Technology sector while operating within the Semiconductor Equipment & Materials industry segment. At the end of the last regular session, the stock closed at $7.14 and fluctuated between $7.29 as its day high and $6.82 as its day low. The current market capitalization of Indie Semiconductor Inc is $1.29B. A total of 3.73 million shares were traded on the day, compared to an average of 2.43M shares.
Insider Activity
Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, INDI has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 35 BUYs and 38 SELLs from insiders. Insiders purchased 1,002,954 shares during that period but sold 1,512,945.
In the most recent transaction, schiller Thomas sold 60,000 shares of INDI for 7.05 per share on Jan 05. After the transaction, the CFO and EVP of Strategy now owns 1,093,562 company shares. In a previous transaction on Dec 15, schiller Thomas sold 40,000 shares at 8.10 per share. INDI shares that CFO and EVP of Strategy owns now total 1,117,815.
Among the insiders who sold shares, Bal Kanwardev Raja Singh disposed of 8,429 shares on Dec 15 at a per-share price of $8.13. This resulted in the SVP Chief Accounting Officer holding 0 shares of INDI after the transaction. In another insider transaction, Bal Kanwardev Raja Singh sold 44,718 shares at $8.01 per share on Dec 14. Company shares held by the SVP Chief Accounting Officer now total 8,429.
In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, INDI has a high of $11.12 and a low of $4.67.
As of this writing, INDI has an earnings estimate of -$0.01 per share for the current quarter. EPS was calculated based on a consensus of 7 estimates, with a high estimate of $0 per share and a lower estimate of -$0.01. The company reported an EPS of -$0.1 in the last quarter, which was -11.10% lower than expectations of -$0.09.
Balance Sheet Annually/Quarterly
The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. INDI’s latest balance sheet shows that the firm has $219.08M in Cash & Short Term Investments as of fiscal 2021. There were $7.89M in debt and $33.72M in liabilities at the time. Its Book Value Per Share was $2.40, while its Total Shareholder’s Equity was $291.86M.
Analysts Opinion
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for INDI is Buy with a score of 5.00.
