On Friday, TPI Composites Inc (NASDAQ: TPIC) was 3.59% up from the session before settling in for the closing price of $1.95. A 52-week range for TPIC has been $1.90 – $5.75.
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A company in the Industrials sector has jumped its sales by 8.58% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at -5.25%. With a float of $43.83 million, this company’s outstanding shares have now reached $46.47 million.
In an organization with 12300 employees, it is important to assess its efficiency. 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 and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward TPI Composites Inc stocks. The insider ownership of TPI Composites Inc is 7.85%, 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) Latest Financial update
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 0.5 earnings per share (EPS) during the time that was better than consensus figure (set at -0.88) by 1.38. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.26 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -5.25% per share during the next fiscal year.
TPI Composites Inc (NASDAQ: TPIC) Trading Performance Indicators
You can see what TPI Composites Inc (TPIC) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.94. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.08.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.74, a number that is poised to hit -0.41 in the next quarter and is forecasted to reach -0.78 in one year’s time.
Technical Analysis of TPI Composites Inc (TPIC)
Let’s dig in a bit further. During the last 5-days, its volume was 0.8 million. That was inferior than the volume of 0.91 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 8.56%. Additionally, its Average True Range was 0.29.
During the past 100 days, TPI Composites Inc’s (TPIC) raw stochastic average was set at 2.99%, which indicates a significant decrease from 5.43% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 127.58% in the past 14 days, which was higher than the 97.09% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.68, while its 200-day Moving Average is $3.69. However, in the short run, TPI Composites Inc’s stock first resistance to watch stands at $2.11. Second resistance stands at $2.19. The third major resistance level sits at $2.28. If the price goes on to break the first support level at $1.94, it is likely to go to the next support level at $1.85. The third support level lies at $1.77 if the price breaches the second support level.
TPI Composites Inc (NASDAQ: TPIC) Key Stats
There are 47,563K outstanding shares of the company, which has a market capitalization of 99.53 million. As of now, sales total 1,455 M while income totals -201,780 K. Its latest quarter income was 380,760 K while its last quarter net income were -40,070 K.
