On Monday, TPI Composites Inc (NASDAQ: TPIC) was 6.89% up from the session before settling in for the closing price of $3.92. A 52-week range for TPIC has been $1.63 – $5.75.
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A company in the Industrials sector has jumped its sales by 8.58% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 26.04%. With a float of $43.82 million, this company’s outstanding shares have now reached $46.47 million.
In an organization with 12300 employees, it is important to assess its efficiency. In terms of profitability, gross margin is -7.71%, operating margin of -12.26%, and the pretax margin is -17.23%.
TPI Composites Inc (TPIC) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward TPI Composites Inc stocks. The insider ownership of TPI Composites Inc is 7.85%, while institutional ownership is 72.46%.
TPI Composites Inc (TPIC) Latest Financial update
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted -1.71 earnings per share (EPS) during the time that was less than consensus figure (set at -0.58) by -1.13. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.01 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 26.04% per share during the next fiscal year.
TPI Composites Inc (NASDAQ: TPIC) Trading Performance Indicators
You can see what TPI Composites Inc (TPIC) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.99. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.16.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -4.62, a number that is poised to hit -0.20 in the next quarter and is forecasted to reach -0.36 in one year’s time.
Technical Analysis of TPI Composites Inc (TPIC)
Let’s dig in a bit further. During the last 5-days, its volume was 0.61 million. That was inferior than the volume of 1.02 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 59.50%. Additionally, its Average True Range was 0.41.
During the past 100 days, TPI Composites Inc’s (TPIC) raw stochastic average was set at 55.04%, which indicates a significant decrease from 88.79% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 83.94% in the past 14 days, which was lower than the 94.15% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.14, while its 200-day Moving Average is $3.42. However, in the short run, TPI Composites Inc’s stock first resistance to watch stands at $4.36. Second resistance stands at $4.54. The third major resistance level sits at $4.77. If the price goes on to break the first support level at $3.96, it is likely to go to the next support level at $3.73. The third support level lies at $3.56 if the price breaches the second support level.
TPI Composites Inc (NASDAQ: TPIC) Key Stats
There are 47,241K outstanding shares of the company, which has a market capitalization of 199.23 million. As of now, sales total 1,455 M while income totals -201,780 K. Its latest quarter income was 309,820 K while its last quarter net income were -91,090 K.
