TPI Composites Inc (NASDAQ: TPIC) on Monday, plunged -5.07% from the previous trading day, before settling in for the closing price of $2.17. Within the past 52 weeks, TPIC’s price has moved between $1.90 and $5.75.
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It was noted that within the last five years, the titan of the Industrials sector saw sales topped by 8.58%. The company achieved an average annual earnings per share of -3.19%. With a float of $43.84 million, this company’s outstanding shares have now reached $46.47 million.
The extent of productivity of a business whose workforce counts for 12300 workers is very important to gauge. In terms of profitability, gross margin is -6.58%, operating margin of -9.44%, and the pretax margin is -16.24%.
TPI Composites Inc (TPIC) Insider Updates
Observing investor behavior towards Specialty Industrial Machinery industry stocks is more important than anything else. The insider ownership of TPI Composites Inc is 7.83%, while institutional ownership is 73.28%. The most recent insider transaction that took place on Nov 13 ’24, was worth 21,900. In this transaction President and CEO of this company bought 10,000 shares at a rate of $2.19, taking the stock ownership to the 218,347 shares. Before that another transaction happened on Nov 12 ’24, when Company’s Chief Financial Officer bought 10,000 for $2.24, making the entire transaction worth $22,400. This insider now owns 32,239 shares in total.
TPI Composites Inc (TPIC) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -3.19% per share during the next fiscal year.
TPI Composites Inc (NASDAQ: TPIC) Trading Performance Indicators
TPI Composites Inc (TPIC) is currently performing well based on its current performance indicators. A quick ratio of 0.94 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.07.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.74, a number that is poised to hit -0.35 in the next quarter and is forecasted to reach -0.84 in one year’s time.
Technical Analysis of TPI Composites Inc (TPIC)
The latest stats from [TPI Composites Inc, TPIC] show that its last 5-days average volume of 1.36 million was superior to 0.92 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 7.86%. Additionally, its Average True Range was 0.34.
During the past 100 days, TPI Composites Inc’s (TPIC) raw stochastic average was set at 1.54%, which indicates a significant decrease from 2.86% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 130.36% in the past 14 days, which was higher than the 98.31% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.82, while its 200-day Moving Average is $3.70. Now, the first resistance to watch is $2.20. This is followed by the second major resistance level at $2.35. The third major resistance level sits at $2.44. If the price goes on to break the first support level at $1.96, it is likely to go to the next support level at $1.87. Assuming the price breaks the second support level, the third support level stands at $1.72.
TPI Composites Inc (NASDAQ: TPIC) Key Stats
Market capitalization of the company is 89.33 million based on 47,563K outstanding shares. Right now, sales total 1,455 M and income totals -201,780 K. The company made 380,760 K in profit during its latest quarter, and -40,070 K in sales during its previous quarter.
