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Analysts review FTAI Infrastructure Inc’s rating

FTAI Infrastructure Inc’s recent filing unveils that its 10% Owner FIG Buyer GP, LLC unloaded Company’s shares for reported $30.73 million on Aug 09 ’24. In the deal valued at $9.04 per share,3,399,501 shares were sold. As a result of this transaction, FIG Buyer GP, LLC now holds 8,418,561 shares worth roughly $56.57 million.

JMP Securities initiated its FTAI Infrastructure Inc [FIP] rating to a Mkt outperform in a research note published on June 26, 2024; the price target was $11. A number of analysts have revised their coverage, including BTIG Research’s analysts, who began to cover the stock in mid April with a ‘”a Buy”‘ rating. Compass Point began covering FIP with “Buy” recommendation on September 21, 2022.

Price Performance Review of FIP

On Tuesday, FTAI Infrastructure Inc [NASDAQ:FIP] saw its stock fall -9.68% to $6.72. Over the last five days, the stock has lost -16.42%. FTAI Infrastructure Inc shares have fallen nearly -7.44% since the year began. Nevertheless, the stocks have risen 80.65% over the past one year. While a 52-week high of $10.45 was reached on 01/08/25, a 52-week low of $3.52 was recorded on 01/21/25. SMA at 50 days reached $8.10, while 200 days put it at $8.48.

Levels Of Support And Resistance For FIP Stock

The 24-hour chart illustrates a support level at 6.37, which if violated will result in even more drops to 6.03. On the upside, there is a resistance level at 7.26. A further resistance level may holdings at 7.81. The Relative Strength Index (RSI) on the 14-day chart is 35.44, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.26, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.35%. Stochastics %K at 27.21% indicates the stock is a holding.

How much short interest is there in FTAI Infrastructure Inc?

A steep rise in short interest was recorded in FTAI Infrastructure Inc stocks on 2024-12-31, growing by 1.8 million shares to a total of 8.06 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 6.26 million shares. There was a rise of 22.33%, which implies that there is a positive sentiment for the stock.

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