Tradeweb Markets Inc (TW) 20 Days SMA touches -0.63%: The odds favor the bear

Tradeweb Markets Inc (NASDAQ: TW) kicked off on Tuesday, up 0.99% from the previous trading day ,before settling in for the closing price of $102.02. Over the past 52 weeks, TW has traded in a range of $64.83-$108.04.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Financial sector was 15.33%. While this was happening, its average annual earnings per share was recorded 19.29%. With a float of $114.82 million, this company’s outstanding shares have now reached $115.09 million.

Considering the fact that the conglomerate employs 1179 people, you should pay attention to its efficiency factor.

Tradeweb Markets Inc (TW) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Capital Markets Industry. The insider ownership of Tradeweb Markets Inc is 46.01%, while institutional ownership is 54.79%. The most recent insider transaction that took place on Mar 25 ’24, was worth 525,497. In this transaction Chief Technology Officer of this company sold 5,013 shares at a rate of $104.83, taking the stock ownership to the 57,349 shares. Before that another transaction happened on Mar 20 ’24, when Company’s General Counsel and Secretary sold 2,922 for $103.31, making the entire transaction worth $301,872. This insider now owns 36,194 shares in total.

Tradeweb Markets Inc (TW) Earnings and Forecasts

In the latest quarterly report, which was put into the public domain on 12/30/2023, the organization reported $0.64 earnings per share (EPS), higher than consensus estimate (set at $0.64) by $0. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.64 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 19.29% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 16.87% during the next five years compared to 8.96% growth over the previous five years of trading.

Tradeweb Markets Inc (NASDAQ: TW) Trading Performance Indicators

Take a look at Tradeweb Markets Inc’s (TW) current performance indicators. Last quarter, stock had a quick ratio of 3.69. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 16.37. Likewise, its price to free cash flow for the trailing twelve months is 30.23.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.71, a number that is poised to hit 0.70 in the next quarter and is forecasted to reach 3.05 in one year’s time.

Technical Analysis of Tradeweb Markets Inc (TW)

Compared to the last year’s volume of 0.95 million, its volume of 1.0 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 31.16%. Additionally, its Average True Range was 2.15.

During the past 100 days, Tradeweb Markets Inc’s (TW) raw stochastic average was set at 77.21%, which indicates a significant increase from 38.16% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.93% in the past 14 days, which was lower than the 22.23% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $102.57, while its 200-day Moving Average is $89.52. Nevertheless, the first resistance level for the watch stands at $103.77 in the near term. At $104.50, the stock is likely to face the second major resistance level. The third major resistance level sits at $105.43. If the price goes on to break the first support level at $102.11, it is likely to go to the next support level at $101.18. Should the price break the second support level, the third support level stands at $100.45.

Tradeweb Markets Inc (NASDAQ: TW) Key Stats

The company with the Market Capitalisation of 21.91 billion has total of 235,750K Shares Outstanding. Its annual sales at the moment are 1,338 M in contrast with the sum of 364,870 K annual income. Company’s last quarter sales were recorded 370,000 K and last quarter income was 89,310 K.