SoFi Technologies Inc (NASDAQ:SOFI) shares traded 1.00% higher at $7.08 on Wall Street last session.
SOFI stock price is now -0.03% away from the 50-day moving average and -5.98% away from the 200-day moving average. The market capitalization of the company currently stands at $7.55B.
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, while ‘Keefe Bruyette’ rates the stock as ‘Mkt Perform’
In other news, Keough Kelli, EVP, GBUL, SIPS sold 24,939 shares of the company’s stock on Aug 22 ’24. The stock was sold for $180,952 at an average price of $7.26. Upon completion of the transaction, the EVP, GBUL, SIPS now directly owns 114,407 shares in the company, valued at $0.81 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 22 ’24, Affiliate Kelli Allen Keough bought 24,939 shares of the business’s stock. A total of $182,055 was incurred on buying the stock at an average price of $7.30. A total of 4.94% of the company’s stock is owned by insiders.
During the past 12 months, SoFi Technologies Inc has had a low of $6.01 and a high of $10.49. The fifty day moving average price for SOFI is $7.093 and a two-hundred day moving average price translates $7.532675 for the stock.
The latest earnings results from SoFi Technologies Inc (NASDAQ: SOFI) was released for 2024-06-30. The net profit margin was -4.51% and return on equity was -1.97% for SOFI. The company reported revenue of $674.6 million for the quarter, compared to $470.0 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 43.53 percent.