On Monday, TPI Composites Inc (NASDAQ: TPIC) was -4.43% drop from the session before settling in for the closing price of $1.58. A 52-week range for TPIC has been $1.57 – $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 $43.78 million, this company’s outstanding shares have now reached $47.56 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 Updates
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 7.95%, while institutional ownership is 72.87%. 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 -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 0.06.
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 1.54 million. That was better than the volume of 0.93 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 4.22%. Additionally, its Average True Range was 0.24.
During the past 100 days, TPI Composites Inc’s (TPIC) raw stochastic average was set at 1.09%, which indicates a significant decrease from 5.26% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 63.19% in the past 14 days, which was lower than the 90.96% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.1665, while its 200-day Moving Average is $3.6337. However, in the short run, TPI Composites Inc’s stock first resistance to watch stands at $1.6467. Second resistance stands at $1.7833. The third major resistance level sits at $1.8717. If the price goes on to break the first support level at $1.4217, it is likely to go to the next support level at $1.3333. Assuming the price breaks the second support level, the third support level stands at $1.1967.
TPI Composites Inc (NASDAQ: TPIC) Key Stats
There are 47,563K outstanding shares of the company, which has a market capitalization of 71.82 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.
