Tiptree Inc [TIPT] stock prices are up 8.89% to $21.67 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The TIPT shares have gain 10.11% over the last week, with a monthly amount glided 8.51%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
The stock price of Tiptree Inc [TIPT] has been fluctuating between $15.34 and $23.81 over the past year. Tiptree Inc [NASDAQ: TIPT] shares were valued at $21.67 at the most recent close of the market.
Analyzing the TIPT fundamentals
The Tiptree Inc [NASDAQ:TIPT] reported sales of 1.97B for trailing twelve months, representing a surge of 18.49%. Gross Profit Margin for this corporation currently stands at 0.6% with Operating Profit Margin at 0.39%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.09 and Total Capital is 0.16. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.85.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 18.98 points at the first support level, and at 16.30 for the second support level. However, for the 1st resistance point, the stock is sitting at 23.62, and for the 2nd resistance point, it is at 25.58.
Ratios To Look Out For
It’s worth pointing out that Tiptree Inc [NASDAQ:TIPT]’s Current Ratio is 1.06. Considering the valuation of this stock, the price to sales ratio is 0.41, the price to book ratio is 1.73 and price to earnings (TTM) ratio is 22.45.
Transactions by insiders
Recent insider trading involved Ilany Jonathan, Chief Executive Officer, that happened on May 28 ’24 when 1550.0 shares were purchased. Chief Executive Officer, Ilany Jonathan completed a deal on Mar 05 ’24 to buy 2900.0 shares.
