FTC Solar (FTCI) News Today

FTC Solar, Inc. (NASDAQ:FTCI - Get Free Report) was the target of a large decrease in short interest in June. As of June 30th, there was short interest totalling 8,180,000 shares, a decrease of 7.5% from the June 15th total of 8,840,000 shares. Based on an average trading volume of 653,000 shares, the days-to-cover ratio is presently 12.5 days. Currently, 14.3% of the company's stock are short sold.

FTC Solar, Inc. (NASDAQ:FTCI - Get Free Report) has been assigned a consensus rating of "Hold" from the seven ratings firms that are currently covering the stock, Marketbeat reports. Five analysts have rated the stock with a hold rating, one has assigned a buy rating and one has given a strong b

FTC Solar, Inc. (NASDAQ:FTCI - Get Free Report) has earned an average recommendation of "Hold" from the seven ratings firms that are presently covering the company, Marketbeat reports. Five equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has

FTC Solar, Inc. (NASDAQ:FTCI - Get Free Report) Director Ahmad R. Chatila bought 114,726 shares of the business's stock in a transaction that occurred on Thursday, June 13th. The shares were bought at an average price of $0.44 per share, with a total value of $50,479.44. Following the transaction, the director now directly owns 1,082,184 shares in the company, valued at $476,160.96. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Shares of FTC Solar, Inc. (NASDAQ:FTCI - Get Free Report) have been assigned an average rating of "Hold" from the seven research firms that are presently covering the stock, Marketbeat.com reports. Five investment analysts have rated the stock with a hold recommendation, one has assigned a buy re

HC Wainwright reaffirmed a "buy" rating and issued a $1.50 price objective on shares of FTC Solar in a research note on Monday.

FTC Solar (NASDAQ:FTCI) will be releasing earnings before the market opens on Friday, May 10, Zacks reports.

FTC Solar, Inc. (NASDAQ:FTCI - Get Free Report) was the target of a large growth in short interest in April. As of April 15th, there was short interest totalling 9,360,000 shares, a growth of 8.3% from the March 31st total of 8,640,000 shares. Approximately 16.9% of the company's stock are sold short. Based on an average daily volume of 716,400 shares, the days-to-cover ratio is currently 13.1 days.

FTC Solar, Inc. (NASDAQ:FTCI - Get Free Report) Director Ahmad R. Chatila purchased 97,400 shares of the stock in a transaction dated Tuesday, March 26th. The stock was purchased at an average price of $0.51 per share, with a total value of $49,674.00. Following the completion of the acquisition, the director now directly owns 967,458 shares in the company, valued at approximately $493,403.58. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

FTC Solar, Inc. (NASDAQ:FTCI - Get Free Report) Director Ahmad R. Chatila bought 92,600 shares of the company's stock in a transaction on Friday, March 22nd. The shares were acquired at an average price of $0.55 per share, with a total value of $50,930.00. Following the completion of the acquisition, the director now directly owns 870,058 shares in the company, valued at approximately $478,531.90. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link.

FTC Solar, Inc. (NASDAQ:FTCI - Get Free Report) Director Ahmad R. Chatila bought 92,500 shares of the firm's stock in a transaction that occurred on Wednesday, March 20th. The shares were purchased at an average cost of $0.54 per share, for a total transaction of $49,950.00. Following the acquisition, the director now directly owns 777,458 shares in the company, valued at approximately $419,827.32. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

FTC Solar, Inc. (NASDAQ:FTCI - Get Free Report) saw a significant decrease in short interest in February. As of February 29th, there was short interest totalling 7,530,000 shares, a decrease of 8.3% from the February 14th total of 8,210,000 shares. Approximately 13.5% of the shares of the stock are short sold. Based on an average daily volume of 846,200 shares, the short-interest ratio is currently 8.9 days.

FTC Solar, Inc. (NASDAQ:FTCI - Get Free Report) Director Ahmad R. Chatila bought 101,800 shares of FTC Solar stock in a transaction on Monday, March 18th. The stock was purchased at an average price of $0.49 per share, with a total value of $49,882.00. Following the completion of the acquisition, the director now directly owns 684,958 shares of the company's stock, valued at approximately $335,629.42. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

HC Wainwright cut their price target on shares of FTC Solar from $2.50 to $1.50 and set a "buy" rating for the company in a report on Thursday.

Roth Capital lowered FTC Solar from a "buy" rating to a "neutral" rating in a report on Thursday.

FTC Solar (NASDAQ:FTCI - Get Free Report) issued its quarterly earnings data on Wednesday. The company reported ($0.07) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.08) by $0.01. FTC Solar had a negative return on equity of 69.57% and a negative net margin of 45.85%. During the same period last year, the business posted ($0.16) earnings per share.

Roth Mkm downgraded shares of FTC Solar from a "buy" rating to a "neutral" rating in a research report on Thursday.