FTC Solar Inc (NASDAQ:FTCI) shares, rose in value on Wednesday, June 18, with the stock price up by 3.29% to the previous day’s close as strong demand from buyers drove the stock to $4.08.
Actively observing the price movement in the last trading, the stock closed the session at $3.95, falling within a range of $3.72 and $4.24. The value of beta (5-year monthly) was 1.353. Referring to stock’s 52-week performance, its high was $7.40, and the low was $1.76. On the whole, FTCI has fluctuated by 0.49% over the past month.
With the market capitalization of FTC Solar Inc currently standing at about $53.38 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-01.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 93.5M, with a low estimate of 16.87M and a high estimate of 23.18M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 20.06M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that FTCI’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 25% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the price of FTCI currently trading nearly -1.97% and 14.19% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 50.64, while the 7-day volatility ratio is showing 8.60% which for the 30-day chart, stands at 5.24%. Furthermore, FTC Solar Inc (FTCI)’s beta value is 1.35, and its average true range (ATR) is 0.38.
A comparison of FTC Solar Inc (FTCI) with its peers suggests the former has fared considerably weaker in the market. FTCI showed an intraday change of 3.29% in last session, and over the past year, it shrunk by -13.04%%.
Data on historical trading for FTC Solar Inc (NASDAQ:FTCI) indicates that the trading volumes over the past 10 days have averaged 0.14 and over the past 3 months, they’ve averaged 104.23K. According to company’s latest data on outstanding shares, there are 13.07 million shares outstanding.
Nearly 46.03% of FTC Solar Inc’s shares belong to company insiders and institutional investors own 5.05% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.05 million shares as on 2025-05-30, resulting in a short ratio of 11.61. According to the data, the short interest in FTC Solar Inc (FTCI) stood at 1249.00 of shares outstanding as of 2025-05-30; the number of short shares registered in 2025-04-30 reached 1.13 million. The stock has fallen by -25.95% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the FTCI stock heading into the next quarter.
