As on July 13, 2021, Upwork Inc. (NASDAQ: UPWK) got off with the flyer as it spiked 5.82% to $60.70. During the day, the stock rose to $64.4899 and sunk to $56.6001 before settling in for the price of $57.36 at the close. Taking a more long-term approach, UPWK posted a 52-week range of $12.96-$63.88. Nevertheless, stock’s Earnings Per Share (EPS) this year is -27.00%. This publicly-traded company’s shares outstanding now amounts to $125.28 million, simultaneously with a float of $113.48 million. The organization now has a market capitalization sitting at $7.33 billion. At the time of writing, stock’s 50-day Moving Average stood at $48.51, while the 200-day Moving Average is $40.68.
If we measure the efficiency of the company that is accounted for 540 employees. It has generated 691,904 per worker during the last fiscal year. Meanwhile, its income per employee was -42,346. The stock had 9.68 Receivables turnover and 0.77 Total Asset turnover. For the Profitability, stocks gross margin was +71.37, operating margin was -5.80 and Pretax Margin of -6.08.
Upwork Inc. (UPWK) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Staffing & Employment Services industry. Upwork Inc.’s current insider ownership accounts for 1.50%, in contrast to 68.60% institutional ownership. According to the most recent insider trade that took place on Jun 23, this organization’s President & CEO sold 75,917 shares at the rate of 55.03, making the entire transaction reach 4,177,591 in total value, affecting insider ownership by 697,726. Preceding that transaction, on Jun 22, Company’s President & CEO sold 4,083 for 55.08, making the whole transaction’s value amount to 224,905. This particular insider is now the holder of 697,726 in total.
Upwork Inc. (UPWK) Earnings and Revenue Records
This company achieved a net margin of -6.12 while generating a return on equity of -8.19.
Upwork Inc.’s EPS decrease for this current 12-month fiscal period is -27.00% and is forecasted to reach -0.08 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 3.27. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 18.14. Similarly, its price to free cash flow for trailing twelve months is now 352.41.
In the same vein, UPWK’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.17, a figure that is expected to reach -0.09 in the next quarter, and analysts are predicting that it will be -0.08 at the market close of one year from today.
Technical Analysis of Upwork Inc. (UPWK)
Through scrutinizing the latest numbers posted by the [Upwork Inc., UPWK], it can be observed that its last 5-days Average volume of 2.24 million was better the volume of 1.86 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 58.96% While, its Average True Range was 3.64.
Raw Stochastic average of Upwork Inc. (UPWK) in the period of the previous 100 days is set at 87.04%, which indicates a major rise in contrast to 66.58% 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 45.12% that was lower than 61.54% volatility it exhibited in the past 100-days period.