SOFI Technologies Inc. (SOFI) stock has seen a mixed performance recently, with a 3.42% increase in the past week and a 30.98% gain in the past quarter, but a -12.88% drop in the past month. The company’s simple moving average for the last 20 days is -2.14%, with a simple moving average of -0.51% for the last 200 days. Analysts have differing views on the stock, with JP Morgan rating it as “Neutral” and BofA Securities rating it as a “Buy”. SOFI is currently trading at a significant distance from its 50-day moving average and 52-week high. Reports indicate that there were several insider trading activities at SOFI, with Noto Anthony, the Chief Executive Officer, purchasing 180,000 shares. SOFI’s equity return is at a value of -6.90, with -2.40 for asset returns.
SoFi Technologies Inc. (NASDAQ: SOFI) shares have increased by 2.86% from its previous closing price of $5.59, despite recent market volatility. In the past week, SOFI’s stock price has seen a 3.42% increase, with a 30.98% gain in the past quarter. However, the stock experienced a -12.88% drop in the past month. The volatility ratio for the week is 4.28%, and the volatility levels for the past 30 days are at 5.54% for SOFI. The company’s simple moving average for the last 20 days is -2.14%, with a simple moving average of -0.51% for the last 200 days.
According to JP Morgan, SOFI is rated as “Neutral,” and the predicted price for SOFI in the upcoming period is $6. Meanwhile, BofA Securities rates SOFI as a “Buy,” and they expect to see SOFI reach a price target of $9, previously predicting the price at $8.
SOFI is currently trading at -8.45% from the 50-day moving average, and the company was unable to rebound after a stumble in the market that brought SOFI to its low price for the period of the last 52 weeks, for now settling with -45.60% of loss for the given period. SOFI’s insider trading activities are also being reported, including Noto Anthony, the Chief Executive Officer of SoFi Technologies Inc., who purchased 180,000 shares at $5.53 during a trade that took place back on Mar 10. Reports indicate that there were more than several insider trading activities at SOFI starting from Noto Anthony, who purchased 45,000 shares at the price of $5.39 back on Mar 16.
SOFI’s equity return is now at a value of -6.90, with -2.40 for asset returns. Despite recent market volatility, SOFI’s stock price has been performing well and has seen significant gains in the past quarter. However, with a drop in the past month, it remains to be seen how the stock will perform in the coming weeks.
SOFI Stock Sees Mixed Performance and Differing Analyst Views
SOFI Technologies Inc. (SOFI) has experienced a mixed performance recently, with analysts giving differing opinions on whether to buy or hold the stock. The company’s current trading distance from its 50-day moving average and 52-week high is worth noting.
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