Is FTC Solar Inc (NASDAQ: FTCI) Still On The Rise?

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

Stocks Info

This NASDAQ-listed company operates within the Solar industry segment, falling under the Technology sector. The current market capitalization of FTC Solar Inc is $70.42M. A total of 0.17 million shares were traded on the day, compared to an average of 182.13K shares.

In the most recent transaction, Brandt Yann bought 31,450 shares of FTCI for 3.12 per share on Dec 13 ’24. After the transaction, the Chief Executive Officer now owns 691,700 company shares. In a previous transaction on Dec 06 ’24, Brandt Yann bought 10,250 shares at 2.98 per share. FTCI shares that Chief Executive Officer owns now total 6,510,250.

Among the insiders who bought shares, Chatila Ahmad R acquired of 238,000 shares on Sep 06 ’24 at a per-share price of $0.21. This resulted in the Director holding 1,951,046 shares of FTCI after the transaction. In another insider transaction, Chatila Ahmad R bought 110,000 shares at $0.23 per share on Sep 04 ’24. Company shares held by the Director now total 1,713,046.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, FTCI has a high of $7.50 and a low of $1.76.

As of this writing, FTCI has an earnings estimate of -$0.77 per share for the current quarter. EPS was calculated based on a consensus of 5.0 estimates, with a high estimate of -$0.5 per share and a lower estimate of -$1.0.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. FTCI’s latest balance sheet shows that the firm has $102.19M in Cash & Short Term Investments as of fiscal 2021. There were $1.79M in debt and $93.25M in liabilities at the time. Its Book Value Per Share was $2.38, while its Total Shareholder’s Equity was $142.87M.

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 FTCI is Buy with a score of 4.00.

Most Popular

Related Posts