Upwork Inc (UPWK) average volume reaches $2.27M: Are the Stars Lining Up for Investors?

NFTs Stocks

Witnessing the stock’s movement on the chart, on Thursday, Upwork Inc (NASDAQ: UPWK) had a quiet start as it plunged -1.62% to $17.02, before settling in for the price of $17.30 at the close. Taking a more long-term approach, UPWK posted a 52-week range of $8.43-$17.79.

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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 95.80%. This publicly-traded company’s shares outstanding now amounts to $133.50 million, simultaneously with a float of $120.83 million. The organization now has a market capitalization sitting at $2.28 billion. At the time of writing, stock’s 50-day Moving Average stood at $14.02, while the 200-day Moving Average is $11.84.

Upwork Inc (UPWK) Ownership Facts and Figures

Nothing is more important than checking the behaviour of major investors towards the stock of the Internet Content & Information industry. Upwork Inc’s current insider ownership accounts for 9.60%, in contrast to 81.64% institutional ownership. According to the most recent insider trade that took place on Nov 27 ’24, this organization’s President & CEO sold 15,000 shares at the rate of 17.00, making the entire transaction reach 255,000 in total value, affecting insider ownership by 1,181,221. Preceding that transaction, on Nov 19 ’24, Company’s Chief Accounting Officer sold 1,649 for 14.90, making the whole transaction’s value amount to 24,577. This particular insider is now the holder of 1,294 in total.

Upwork Inc (UPWK) Earnings and Revenue Records

Upwork Inc’s EPS increase for this current 12-month fiscal period is 95.80% and is forecasted to reach 1.21 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 0.58. Alongside those numbers, its PE Ratio stands at $27.32, and its Beta score is 1.59. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.99. Similarly, its price to free cash flow for trailing twelve months is now 18.12.

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 0.26 in the next quarter, and analysts are predicting that it will be 1.21 at the market close of one year from today.

Technical Analysis of Upwork Inc (UPWK)

Going through the that latest performance of [Upwork Inc, UPWK]. Its last 5-days volume of 1.41 million was inferior to the volume of 2.17 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 58.74% While, its Average True Range was 0.56.

Raw Stochastic average of Upwork Inc (UPWK) in the period of the previous 100 days is set at 91.78%, which indicates a major rise in contrast to 70.12% 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 37.97% that was lower than 62.07% volatility it exhibited in the past 100-days period.