Upwork Inc (UPWK) is -12.11% away from 50-day simple Moving Average despite all headwinds

As on Wednesday, Upwork Inc (NASDAQ: UPWK) got off with the flyer as it spiked 0.66% to $9.20, before settling in for the price of $9.14 at the close. Taking a more long-term approach, UPWK posted a 52-week range of $8.43-$16.36.

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The Communication Services sector firm’s twelve-monthly sales growth has been 22.39% for the last half of the decade. Nevertheless, stock’s Earnings Per Share (EPS) this year is 77.14%. This publicly-traded company’s shares outstanding now amounts to $137.27 million, simultaneously with a float of $118.69 million. The organization now has a market capitalization sitting at $1.21 billion. At the time of writing, stock’s 50-day Moving Average stood at $10.44, while the 200-day Moving Average is $12.20.

Upwork Inc (UPWK) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Internet Content & Information industry. Upwork Inc’s current insider ownership accounts for 10.09%, in contrast to 77.71% institutional ownership. According to the most recent insider trade that took place on Aug 27 ’24, this organization’s GM VP II, Marketplace sold 5,818 shares at the rate of 9.81, making the entire transaction reach 57,062 in total value, affecting insider ownership by 5,818.

Upwork Inc (UPWK) Earnings and Revenue Records

Upwork Inc’s EPS increase for this current 12-month fiscal period is 77.14% and is forecasted to reach 1.06 in the upcoming year.

Upwork Inc (NASDAQ: UPWK) Trading Performance Indicators

Let’s observe the current performance indicators for Upwork Inc (UPWK). It’s Quick Ratio in the last reported quarter now stands at 3.00. The Stock has managed to achieve an average true range (ATR) of 0.44. Alongside those numbers, its PE Ratio stands at $17.10, and its Beta score is 1.54. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.63. Similarly, its price to free cash flow for trailing twelve months is now 19.91.

In the same vein, UPWK’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.54, a figure that is expected to reach 0.24 in the next quarter, and analysts are predicting that it will be 1.06 at the market close of one year from today.

Technical Analysis of Upwork Inc (UPWK)

Through scrutinizing the latest numbers posted by the [Upwork Inc, UPWK], it can be observed that its last 5-days Average volume of 1.73 million was lower the volume of 2.14 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 22.77% While, its Average True Range was 0.41.

Raw Stochastic average of Upwork Inc (UPWK) in the period of the previous 100 days is set at 15.90%, which indicates a major fall in contrast to 24.31% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 44.20% that was lower than 44.35% volatility it exhibited in the past 100-days period.