On Monday, TPI Composites Inc (NASDAQ: TPIC) opened higher 10.16% from the last session, before settling in for the closing price of $1.23. Price fluctuations for TPIC have ranged from $1.21 to $5.75 over the past 52 weeks.
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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%. Company’s average yearly earnings per share was noted -5.26% at the time writing. With a float of $43.78 million, this company’s outstanding shares have now reached $47.56 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 and Institutional Ownership
A key investor’s attitude towards the stock of the Specialty Industrial Machinery industry is another important factor to consider. The insider ownership of TPI Composites Inc is 7.94%, 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) Latest Financial update
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 -5.26% per share during the next fiscal year.
TPI Composites Inc (NASDAQ: TPIC) Trading Performance Indicators
Check out the current performance indicators for TPI Composites Inc (TPIC). In the past 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 0.05.
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)
The latest stats from [TPI Composites Inc, TPIC] show that its last 5-days average volume of 1.6 million was superior to 0.94 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 8.54%. Additionally, its Average True Range was 0.22.
During the past 100 days, TPI Composites Inc’s (TPIC) raw stochastic average was set at 3.68%, which indicates a significant decrease from 14.50% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 93.74% in the past 14 days, which was lower than the 95.07% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.8560, while its 200-day Moving Average is $3.5942. Now, the first resistance to watch is $1.4417. This is followed by the second major resistance level at $1.5283. The third major resistance level sits at $1.6367. If the price goes on to break the first support level at $1.2467, it is likely to go to the next support level at $1.1383. The third support level lies at $1.0517 if the price breaches the second support level.
TPI Composites Inc (NASDAQ: TPIC) Key Stats
There are currently 47,563K shares outstanding in the company with a market cap of 58.72 million. Presently, the company’s annual sales total 1,455 M according to its annual income of -201,780 K. Last quarter, the company’s sales amounted to 380,760 K and its income totaled -40,070 K.
