On Tuesday, Thoughtworks Holding Inc (NASDAQ: TWKS) opened lower -0.12% from the last session, before settling in for the closing price of $4.34. Price fluctuations for TWKS have ranged from $2.19 to $5.20 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 11.32%. Company’s average yearly earnings per share was noted -67.35% at the time writing. With a float of $88.82 million, this company’s outstanding shares have now reached $322.41 million.
The extent of productivity of a business whose workforce counts for 10500 workers is very important to gauge. In terms of profitability, gross margin is 28.5%, operating margin of -4.84%, and the pretax margin is -9.72%.
Thoughtworks Holding Inc (TWKS) Insider Updates
A key investor’s attitude towards the stock of the Information Technology Services industry is another important factor to consider. The insider ownership of Thoughtworks Holding Inc is 72.51%, while institutional ownership is 24.43%. The most recent insider transaction that took place on Dec 27 ’23, was worth 80,025. In this transaction an insider of this company sold 16,005 shares at a rate of $5.00, taking the stock ownership to the 425,522 shares.
Thoughtworks Holding Inc (TWKS) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -67.35% per share during the next fiscal year.
Thoughtworks Holding Inc (NASDAQ: TWKS) Trading Performance Indicators
Check out the current performance indicators for Thoughtworks Holding Inc (TWKS). In the past quarter, the stock posted a quick ratio of 2.59. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.36.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.36, a number that is poised to hit 0.03 in the next quarter and is forecasted to reach 0.16 in one year’s time.
Technical Analysis of Thoughtworks Holding Inc (TWKS)
The latest stats from [Thoughtworks Holding Inc, TWKS] show that its last 5-days average volume of 5.71 million was superior to 1.29 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 44.44%. Additionally, its Average True Range was 0.10.
During the past 100 days, Thoughtworks Holding Inc’s (TWKS) raw stochastic average was set at 97.06%, which indicates a significant increase from 35.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 5.53% in the past 14 days, which was lower than the 70.30% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.40, while its 200-day Moving Average is $3.49. Now, the first resistance to watch is $4.35. This is followed by the second major resistance level at $4.37. The third major resistance level sits at $4.38. If the price goes on to break the first support level at $4.32, it is likely to go to the next support level at $4.31. Assuming the price breaks the second support level, the third support level stands at $4.29.
Thoughtworks Holding Inc (NASDAQ: TWKS) Key Stats
There are currently 322,914K shares outstanding in the company with a market cap of 1.40 billion. Presently, the company’s annual sales total 1,127 M according to its annual income of -68,660 K. Last quarter, the company’s sales amounted to 251,670 K and its income totaled -36,490 K.
