Upwork Inc (UPWK) volume hits 1.97 million: A New Opening for Investors

Upwork Inc (NASDAQ: UPWK) established initial surge of 0.74% at $13.65, before settling in for the price of $13.55 at the close. Taking a more long-term approach, UPWK posted a 52-week range of $8.43-$16.36.

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It was noted that the giant of the Communication Services sector posted annual sales growth of 22.39% over the last 5 years. Nevertheless, stock’s Earnings Per Share (EPS) this year is 82.36%. This publicly-traded company’s shares outstanding now amounts to $137.27 million, simultaneously with a float of $118.63 million. The organization now has a market capitalization sitting at $1.80 billion. At the time of writing, stock’s 50-day Moving Average stood at $10.43, while the 200-day Moving Average is $11.54.

Upwork Inc (UPWK) Ownership Facts and Figures

Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Upwork Inc industry. Upwork Inc’s current insider ownership accounts for 10.13%, in contrast to 77.76% institutional ownership. According to the most recent insider trade that took place on Oct 18 ’24, this organization’s Chief Accounting Officer sold 223 shares at the rate of 10.30, making the entire transaction reach 2,297 in total value, affecting insider ownership by 10,447. Preceding that transaction, on Sep 18 ’24, Company’s Director sold 75,000 for 10.54, making the whole transaction’s value amount to 790,448. This particular insider is now the holder of 48,915 in total.

Upwork Inc (UPWK) Earnings and Revenue Records

Upwork Inc’s EPS increase for this current 12-month fiscal period is 82.36% and is forecasted to reach 1.11 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 0.57. Alongside those numbers, its PE Ratio stands at $25.37, and its Beta score is 1.53. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.36. Similarly, its price to free cash flow for trailing twelve months is now 29.54.

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 0.25 in the next quarter, and analysts are predicting that it will be 1.11 at the market close of one year from today.

Technical Analysis of Upwork Inc (UPWK)

Now, what If we examine the latest scores posted by [Upwork Inc, UPWK]. During the last 5-days, its volume was better the volume of 2.12 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 90.33% While, its Average True Range was 0.64.

Raw Stochastic average of Upwork Inc (UPWK) in the period of the previous 100 days is set at 93.22%, which indicates a major rise in contrast to 90.74% 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 101.43% that was higher than 58.92% volatility it exhibited in the past 100-days period.