Witnessing the stock’s movement on the chart, on September 10, 2020, Upwork Inc. (NASDAQ: UPWK) had a quiet start as it plunged -0.30% to $15.01. During the day, the stock rose to $15.70 and sunk to $14.92 before settling in for the price of $15.06 at the close. Taking a more long-term approach, UPWK posted a 52-week range of $5.14-$17.59.
Nevertheless, stock’s Earnings Per Share (EPS) this year is 18.90%. This publicly-traded company’s shares outstanding now amounts to $116.52 million, simultaneously with a float of $108.68 million. The organization now has a market capitalization sitting at $1.89 billion. At the time of writing, stock’s 50-day Moving Average stood at $14.74, while the 200-day Moving Average is $11.01.
While finding the extent of efficiency of the company that is accounted for 570 employees. It has generated 527,302 per worker during the last fiscal year. Meanwhile, its income per employee was -29,226. The stock had 11.46 Receivables turnover and 0.72 Total Asset turnover. For the Profitability, stocks gross margin was +69.78, operating margin was -6.00 and Pretax Margin of -5.53.
Upwork Inc. (UPWK) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Staffing & Employment Services industry. Upwork Inc.’s current insider ownership accounts for 1.40%, in contrast to 74.00% institutional ownership. According to the most recent insider trade that took place on Aug 20, this organization’s Senior VP, Sales sold 3,754 shares at the rate of 15.01, making the entire transaction reach 56,350 in total value, affecting insider ownership by 2,606. Preceding that transaction, on Aug 18, Company’s Senior VP, Sales sold 2,981 for 15.03, making the whole transaction’s value amount to 44,815. This particular insider is now the holder of 6,360 in total.
Upwork Inc. (UPWK) Earnings and Revenue Records
As on 6/29/2020, Multinational firm has announced its last quarter scores, in which it reported -$0.09 earnings per share (EPS) for the period topping the consensus outlook (set at -$0.09) by $0. This company achieved a net margin of -5.54 while generating a return on equity of -6.62. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.07 per share during the current fiscal year.
Upwork Inc.’s EPS increase for this current 12-month fiscal period is 18.90% and is forecasted to reach -0.19 in the upcoming year.
Upwork Inc. (NASDAQ: UPWK) Trading Performance Indicators
Let’s observe the current performance indicators for Upwork Inc. (UPWK). It’s Quick Ratio in the last reported quarter now stands at 1.70. The Stock has managed to achieve an average true range (ATR) of 0.97. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 5.77. Similarly, its price to free cash flow for trailing twelve months is now 71.18.
In the same vein, UPWK’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.27, a figure that is expected to reach -0.08 in the next quarter, and analysts are predicting that it will be -0.19 at the market close of one year from today.
Technical Analysis of Upwork Inc. (UPWK)
Going through the that latest performance of [Upwork Inc., UPWK]. Its last 5-days volume of 2.09 million was inferior to the volume of 2.42 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 53.61% While, its Average True Range was 0.94.
Raw Stochastic average of Upwork Inc. (UPWK) in the period of the previous 100 days is set at 74.67%, which indicates a major rise in contrast to 59.44% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 49.42% that was lower than 76.09% volatility it exhibited in the past 100-days period.