FTAI Aviation Ltd (NASDAQ:FTAI) shares, rose in value, with the stock price up by 6.36% to the previous day’s close as strong demand from buyers drove the stock to $97.84.
Actively observing the price movement in the recent trading, the stock is buoying the session at $91.99, falling within a range of $91.93 and $99.28. The value of beta (5-year monthly) is 2.073. Referring to stock’s 52-week performance, its high was $181.64, and the low was $49.81. On the whole, FTAI has fluctuated by -25.39% over the past month.
With the market capitalization of FTAI Aviation Ltd currently standing at about $10.03 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 1.20, with its dividend yield at 1.23%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 1.75B, with a low estimate of 480.26M and a high estimate of 646M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 518.5M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that FTAI’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of FTAI currently trading nearly -27.02% and -33.43% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 34.45, while the 7-day volatility ratio is showing 26.57% which for the 30-day chart, stands at 10.64%. Furthermore, FTAI Aviation Ltd (FTAI)’s beta value is 2.02, and its average true range (ATR) is 14.68.
A comparison of FTAI Aviation Ltd (FTAI) with its peers suggests the former has fared considerably weaker in the market. FTAI showed an intraday change of 6.36% in today’s session so far, and over the past year, it grew by 91.66%%.
Data on historical trading for FTAI Aviation Ltd (NASDAQ:FTAI) indicates that the trading volumes over the past 10 days have averaged 7.11 and over the past 3 months, they’ve averaged 2.29 million. According to company’s latest data on outstanding shares, there are 102.55 million shares outstanding.
Nearly 1.41% of FTAI Aviation Ltd’s shares belong to company insiders and institutional investors own 95.82% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 3.83 million shares as on 2024-12-31, resulting in a short ratio of 2.45. According to the data, the short interest in FTAI Aviation Ltd (FTAI) stood at 378.00 of shares outstanding as of 2024-12-31; the number of short shares registered in 2024-11-29 reached 2.75 million. The stock has fallen by -32.07% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the FTAI stock heading into the next quarter.
