FTAI Aviation Ltd (NASDAQ:FTAI) shares, rose in value, with the stock price down by -0.76% to the previous day’s close as strong demand from buyers drove the stock to $112.27.
Actively observing the price movement in the recent trading, the stock is buoying the session at $113.13. Referring to stock’s 52-week performance, its high was $181.64, and the low was $54.84. On the whole, FTAI has fluctuated by 2.44% over the past month.
With the market capitalization of FTAI Aviation Ltd currently standing at about $11.51 billion, investors are eagerly awaiting this quarter’s results, scheduled for in April. The company’s Forward Dividend Ratio is 1.20, with its dividend yield at 1.07%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 2.38B, with a low estimate of 505M and a high estimate of 1.03B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 689.9M.
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 100% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell 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 -8.09% and -9.16% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 43.94, while the 7-day volatility ratio is showing 7.49% which for the 30-day chart, stands at 7.35%. Furthermore, FTAI Aviation Ltd (FTAI)’s beta value is 1.76, and its average true range (ATR) is 10.35.
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 -0.76% in today’s session so far, and over the past year, it grew by 92.87%%.
Data on historical trading for FTAI Aviation Ltd (NASDAQ:FTAI) indicates that the trading volumes over the past 3 months, they’ve averaged 3.20 million. According to company’s latest data on outstanding shares, there are 102.55 million shares outstanding.
Nearly 1.42% of FTAI Aviation Ltd’s shares belong to company insiders and institutional investors own 92.10% of the company’s shares. The stock has fallen by -22.06% 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.
