TPI Composites Inc (NASDAQ: TPIC) open the trading on Wednesday, with great promise as it jumped 5.19% to $2.84, before settling in for the price of $2.70 at the close. Taking a more long-term approach, TPIC posted a 52-week range of $1.63-$13.68.
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In the past 5-years timespan, the Industrials sector firm’s annual sales growth was 8.58%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 65.96%. This publicly-traded company’s shares outstanding now amounts to $46.47 million, simultaneously with a float of $45.60 million. The organization now has a market capitalization sitting at $134.16 million. At the time of writing, stock’s 50-day Moving Average stood at $2.84, while the 200-day Moving Average is $4.36.
TPI Composites Inc (TPIC) Ownership Facts and Figures
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Specialty Industrial Machinery industry. TPI Composites Inc’s current insider ownership accounts for 3.47%, in contrast to 72.49% institutional ownership. According to the most recent insider trade that took place on Aug 25 ’23, this organization’s Chief Financial Officer bought 10,000 shares at the rate of 4.45, making the entire transaction reach 44,530 in total value, affecting insider ownership by 13,648. Preceding that transaction, on Aug 21 ’23, Company’s Director bought 2,000 for 5.16, making the whole transaction’s value amount to 10,320. This particular insider is now the holder of 23,840 in total.
TPI Composites Inc (TPIC) Earnings and Revenue Records
So, what does the last quarter earnings report of the company that was made public on 12/30/2023 suggests? It has posted $0.31 earnings per share (EPS) beating the forecaster’s viewpoint (set at -$0.88) by $1.19. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.63 per share during the current fiscal year.
TPI Composites Inc’s EPS increase for this current 12-month fiscal period is 65.96% and is forecasted to reach -0.22 in the upcoming year.
TPI Composites Inc (NASDAQ: TPIC) Trading Performance Indicators
Let’s observe the current performance indicators for TPI Composites Inc (TPIC). It’s Quick Ratio in the last reported quarter now stands at 1.28. The Stock has managed to achieve an average true range (ATR) of 0.27. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.09.
In the same vein, TPIC’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -4.19, a figure that is expected to reach -0.71 in the next quarter, and analysts are predicting that it will be -0.22 at the market close of one year from today.
Technical Analysis of TPI Composites Inc (TPIC)
[TPI Composites Inc, TPIC] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 31.12% While, its Average True Range was 0.25.
Raw Stochastic average of TPI Composites Inc (TPIC) in the period of the previous 100 days is set at 36.56%, which indicates a major rise in contrast to 23.08% 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 90.48% that was lower than 160.90% volatility it exhibited in the past 100-days period.
