2U Inc (TWOU) average volume reaches $2.83M: Is Wall Street expecting a rally?

2U Inc (NASDAQ: TWOU) on Monday, plunged -9.71% from the previous trading day, before settling in for the closing price of $0.34. Within the past 52 weeks, TWOU’s price has moved between $0.31 and $6.10.

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Consumer Defensive Sector giant saw their annual sales surged by 19.30% over the last five years. The company achieved an average annual earnings per share of -210.86%. With a float of $76.64 million, this company’s outstanding shares have now reached $82.26 million.

The firm has a total of 5568 workers. Let’s measure their productivity.

2U Inc (TWOU) Insider Activity

Observing investor behavior towards Education & Training Services industry stocks is more important than anything else. The insider ownership of 2U Inc is 8.38%, while institutional ownership is 74.58%. The most recent insider transaction that took place on Dec 12 ’23, was worth 50,895. In this transaction CHIEF PRODUCT OFFICER of this company bought 51,565 shares at a rate of $0.99, taking the stock ownership to the 400,089 shares. Before that another transaction happened on Dec 06 ’23, when Company’s Director sold 2,300 for $1.00, making the entire transaction worth $2,300. This insider now owns 87,299 shares in total.

2U Inc (TWOU) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.31 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -210.86% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.00% during the next five years compared to -41.73% drop over the previous five years of trading.

2U Inc (NASDAQ: TWOU) Trading Performance Indicators

2U Inc (TWOU) is currently performing well based on its current performance indicators. A quick ratio of 0.97 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.03.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.94, a number that is poised to hit -0.34 in the next quarter and is forecasted to reach 0.04 in one year’s time.

Technical Analysis of 2U Inc (TWOU)

Analysing the last 5-days average volume posted by the [2U Inc, TWOU], we can find that recorded value of 1.6 million was lower than the volume posted last year of 2.63 million. As of the previous 9 days, the stock’s Stochastic %D was 11.60%. Additionally, its Average True Range was 0.04.

During the past 100 days, 2U Inc’s (TWOU) raw stochastic average was set at 0.14%, which indicates a significant decrease from 1.50% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 91.80% in the past 14 days, which was lower than the 184.14% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.4406, while its 200-day Moving Average is $1.8436. Now, the first resistance to watch is $0.3345. This is followed by the second major resistance level at $0.3574. The third major resistance level sits at $0.3697. If the price goes on to break the first support level at $0.2993, it is likely to go to the next support level at $0.2870. Should the price break the second support level, the third support level stands at $0.2641.

2U Inc (NASDAQ: TWOU) Key Stats

Market capitalization of the company is 26.05 million based on 83,644K outstanding shares. Right now, sales total 945,950 K and income totals -317,610 K. The company made 255,660 K in profit during its latest quarter, and -42,450 K in sales during its previous quarter.