Thoughtworks Holding Inc (TWKS) posted a 1.15% change over the last five days signaling a new trend

Thoughtworks Holding Inc (NASDAQ: TWKS) kicked off on Tuesday, up 0.23% from the previous trading day, before settling in for the closing price of $4.39. Over the past 52 weeks, TWKS has traded in a range of $2.19-$5.20.

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Technology Sector giant saw their annual sales surged by 11.32% over the last five years. While this was happening, its average annual earnings per share was recorded -67.35%. With a float of $88.87 million, this company’s outstanding shares have now reached $322.41 million.

The firm has a total of 10500 workers. Let’s measure their productivity. 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) Breakdown of a Key Holders of the stock

Our next focus will be how large-scale investors are participating in this stock of the Information Technology Services Industry. 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) Recent Fiscal highlights

In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 0.04 earnings per share (EPS), higher than consensus estimate (set at 0.03) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.04 per share during the current fiscal year.

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

Take a look at Thoughtworks Holding Inc’s (TWKS) current performance indicators. Last quarter, stock had a quick ratio of 2.59. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.38.

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)

Analysing the last 5-days average volume posted by the [Thoughtworks Holding Inc, TWKS], we can find that recorded value of 3.61 million was better than the volume posted last year of 1.35 million. As of the previous 9 days, the stock’s Stochastic %D was 54.55%. Additionally, its Average True Range was 0.07.

During the past 100 days, Thoughtworks Holding Inc’s (TWKS) raw stochastic average was set at 98.20%, which indicates a significant increase from 63.64% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 7.04% in the past 14 days, which was lower than the 68.21% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $3.68, while its 200-day Moving Average is $3.51. Now, the first resistance to watch is $4.41. This is followed by the second major resistance level at $4.43. The third major resistance level sits at $4.44. If the price goes on to break the first support level at $4.38, it is likely to go to the next support level at $4.37. Now, if the price goes above the second support level, the third support stands at $4.35.

Thoughtworks Holding Inc (NASDAQ: TWKS) Key Stats

The company with the Market Capitalisation of 1.42 billion has total of 322,914K Shares Outstanding. Its annual sales at the moment are 1,127 M in contrast with the sum of -68,660 K annual income. Company’s last quarter sales were recorded 251,670 K and last quarter income was -36,490 K.