Upwork Inc. (NASDAQ: UPWK) started the day on December 23, 2020, with a price decrease of -3.68% at $38.43. During the day, the stock rose to $39.935 and sunk to $38.21 before settling in for the price of $39.90 at the close. Taking a more long-term approach, UPWK posted a 52-week range of $5.14-$41.42.
Nevertheless, stock’s Earnings Per Share (EPS) this year is 18.90%. This publicly-traded company’s shares outstanding now amounts to $120.68 million, simultaneously with a float of $110.44 million. The organization now has a market capitalization sitting at $4.50 billion. At the time of writing, stock’s 50-day Moving Average stood at $29.47, while the 200-day Moving Average is $16.79.
If we measure the 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
Now let’s turn our focus to how large-scale investors are working with this stock of the Staffing & Employment Services Industry. Upwork Inc.’s current insider ownership accounts for 1.20%, in contrast to 74.60% institutional ownership. According to the most recent insider trade that took place on Dec 18, this organization’s President & CEO sold 29,592 shares at the rate of 39.81, making the entire transaction reach 1,178,097 in total value, affecting insider ownership by 437,386. Preceding that transaction, on Nov 23, Company’s Director sold 41,674 for 35.15, making the whole transaction’s value amount to 1,464,929. This particular insider is now the holder of 12,952 in total.
Upwork Inc. (UPWK) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 9/29/2020, the organization reported -$0.02 earnings per share (EPS) for the three months, surpassing the consensus estimate (set at -$0.08) by $0.06. 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 -0.05 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 -0.16 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 1.80. The Stock has managed to achieve an average true range (ATR) of 2.20. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 12.99. Similarly, its price to free cash flow for trailing twelve months is now 775.23.
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 -0.05 in the next quarter, and analysts are predicting that it will be -0.16 at the market close of one year from today.
Technical Analysis of Upwork Inc. (UPWK)
If we take a close look at the recent performances of Upwork Inc. (NASDAQ: UPWK), its last 5-days Average volume was 2.37 million that shows plunge from its year to date volume of 2.43 million. During the previous 9 days, stock’s Stochastic %D was recorded 78.30% While, its Average True Range was 2.21.
Raw Stochastic average of Upwork Inc. (UPWK) in the period of the previous 100 days is set at 89.46%, which indicates a major rise in contrast to 69.42% 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 55.45% that was lower than 78.62% volatility it exhibited in the past 100-days period.