Twist Bioscience Corp (TWST) recent activity suggests a positive outlook with the last week’s performance of -6.24%

A new trading day began on Monday, with Twist Bioscience Corp (NASDAQ: TWST) stock price up 4.73% from the previous day of trading, before settling in for the closing price of $40.60. TWST’s price has ranged from $14.42 to $60.90 over the past 52 weeks.

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It was noted that within the last five years, the titan of the Healthcare sector saw sales topped by 46.70%. Meanwhile, its annual earnings per share averaged 4.04%. With a float of $56.11 million, this company’s outstanding shares have now reached $57.56 million.

The extent of productivity of a business whose workforce counts for 919 workers is very important to gauge. In terms of profitability, gross margin is 40.53%, operating margin of -64.35%, and the pretax margin is -74.48%.

Twist Bioscience Corp (TWST) Insider and Institutional Ownership

As we move forward, let’s examine how large-scale investors are investing in this stock of the Diagnostics & Research Industry. The insider ownership of Twist Bioscience Corp is 4.22%, while institutional ownership is 106.35%. The most recent insider transaction that took place on Oct 23 ’24, was worth 97,429. In this transaction President and COO of this company sold 2,261 shares at a rate of $43.09, taking the stock ownership to the 159,483 shares. Before that another transaction happened on Oct 23 ’24, when Company’s Officer proposed sale 2,261 for $43.09, making the entire transaction worth $97,429.

Twist Bioscience Corp (TWST) Latest Financial update

In its latest quarterly report, released on 6/30/2024, the company reported earnings of -0.81 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.64 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 4.04% per share during the next fiscal year.

Twist Bioscience Corp (NASDAQ: TWST) Trading Performance Indicators

Here are Twist Bioscience Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 4.52. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.44.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.81, a number that is poised to hit -0.70 in the next quarter and is forecasted to reach -2.40 in one year’s time.

Technical Analysis of Twist Bioscience Corp (TWST)

The latest stats from [Twist Bioscience Corp, TWST] show that its last 5-days average volume of 0.57 million was inferior to 0.95 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 13.24%. Additionally, its Average True Range was 2.22.

During the past 100 days, Twist Bioscience Corp’s (TWST) raw stochastic average was set at 24.32%, which indicates a significant decrease from 35.28% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 57.24% in the past 14 days, which was lower than the 63.63% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $43.82, while its 200-day Moving Average is $42.03. Now, the first resistance to watch is $43.32. This is followed by the second major resistance level at $44.12. The third major resistance level sits at $45.46. If the price goes on to break the first support level at $41.18, it is likely to go to the next support level at $39.84. The third support level lies at $39.04 if the price breaches the second support level.

Twist Bioscience Corp (NASDAQ: TWST) Key Stats

With a market capitalization of 2.49 billion, the company has a total of 58,226K Shares Outstanding. Currently, annual sales are 245,110 K while annual income is -204,620 K. The company’s previous quarter sales were 81,460 K while its latest quarter income was -85,570 K.