An Analysis Of SoFi Technologies Inc. (SOFI)’s Weekly Performance

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As of Wednesday close, SoFi Technologies Inc.’s (NASDAQ:SOFI) stock was up $0.02, moving up 0.43 percent to $4.66. The average number of shares traded per day over the past five days has been 61,022,941 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.87 fall in that time frame. In the last twenty days, the average volume was 61,811,164, while in the previous 50 days, it was 46,878,625.

Since last month, SOFI stock retreated -17.67%. Shares of the company fell to $4.53 on 11/23/22, the lowest level in the past month. A 52-week high of $18.69 was reached on 01/20/22 after having rallying from a 52-week low of $4.60. Since the beginning of this year, SOFI’s stock price has dropped by -70.52% or -$11.15, and marked a new high 2 times. However, the stock has declined by -75.07% since its 52-week high.


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SOFI stock investors should be aware that SoFi Technologies Inc. (SOFI) stock had its last reported insider trading activity 109 days ago on Aug 08. SOFTBANK GROUP CORP, the 10% Owner of the company, disposed of 6,683,133 shares for $8.17 on Aug 08. It resulted in a $54,601,197 divestment by the insider. SOFTBANK GROUP CORP sold 5,381,785 shares at an average price of $7.99 on Aug 05. The insider now owns 89,900,110 shares following the transaction. On Jun 16, Chief Executive Officer Noto Anthony bought 53,540 shares at $5.58 apiece. The transaction was valued at $298,973.

Financial Health

According to company report, the long-term debt-to-equity ratio for the quarter ending September 29 was 0.89, and the total debt-to-equity ratio was 0.89. In the year ended September 29, operating margins totaled 72.80%. Based on annual data, SOFI earned $252.24 million in gross profit and brought in $355.02 million in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 2.90%. Return on equity (ROE) for the past 12 months was -8.70%.

In SoFi Technologies Inc.’s quarter-end financial report for September 29, it reported total debt of $4.57 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. While analysts expected SoFi Technologies Inc. to report -$0.1 quarterly earnings, the actual figure was -$0.09 per share. The value of shareholders’ equity is $927.94 million.

Technical Picture

This quick technical analysis looks at SoFi Technologies Inc.’s (SOFI) price momentum. With a historical volatility rate of 76.41%, the RSI 9-day stood at 32.58% on 23 November.

With respect to its five-day moving average, the current SoFi Technologies Inc. price is down by -15.73% percent or -$0.87. At present, SOFI shares trade -15.88% below its 20-day simple moving average and -20.21% percent below its 100-day simple moving average. However, the stock is currently trading approximately -24.47% below its SMA50 and -61.58% below its SMA200.

Stochastic coefficient K was 5.33% and Stochastic coefficient D was 9.92%, while ATR was 0.34. Given the Stochastic reading of 8.12% for the 14-day period, the RSI (14) reading has been calculated as 38.09%. As of today, the MACD Oscillator reading stands at -0.60, while the 14-day reading stands at -0.54.

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