Upwork Inc (NASDAQ: UPWK) started the day on Thursday, with a price increase of 11.45% at $16.25, before settling in for the price of $14.58 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 95.22%. 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 $2.15 billion. At the time of writing, stock’s 50-day Moving Average stood at $10.99, while the 200-day Moving Average is $11.54.
Upwork Inc (UPWK) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Internet Content & Information Industry. Upwork Inc’s current insider ownership accounts for 10.13%, in contrast to 77.56% 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 95.22% and is forecasted to reach 1.17 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 3.18. The Stock has managed to achieve an average true range (ATR) of 0.75. Alongside those numbers, its PE Ratio stands at $26.08, 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 2.82. Similarly, its price to free cash flow for trailing twelve months is now 17.09.
In the same vein, UPWK’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.62, a figure that is expected to reach 0.25 in the next quarter, and analysts are predicting that it will be 1.17 at the market close of one year from today.
Technical Analysis of Upwork Inc (UPWK)
If we take a close look at the recent performances of Upwork Inc (NASDAQ: UPWK), its last 5-days Average volume was 4.04 million that shows progress from its year to date volume of 2.16 million. During the previous 9 days, stock’s Stochastic %D was recorded 86.56% While, its Average True Range was 0.88.
Raw Stochastic average of Upwork Inc (UPWK) in the period of the previous 100 days is set at 83.56%, which indicates a major rise in contrast to 80.42% 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 106.11% that was higher than 61.85% volatility it exhibited in the past 100-days period.
