On Monday, TPI Composites Inc (NASDAQ: TPIC) was -24.58% drop from the session before settling in for the closing price of $2.40. A 52-week range for TPIC has been $1.10 – $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%. When this article was written, the company’s average yearly earnings per share was at -5.54%. 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 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 7.94%, 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) Performance Highlights and Predictions
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 -5.54% 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 0.07.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.74, a number that is poised to hit -0.44 in the next quarter and is forecasted to reach -0.85 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 8.97 million was superior to 1.1 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 50.51%. Additionally, its Average True Range was 0.32.
During the past 100 days, TPI Composites Inc’s (TPIC) raw stochastic average was set at 17.53%, which indicates a significant decrease from 46.41% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 331.89% in the past 14 days, which was higher than the 151.26% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.57, while its 200-day Moving Average is $3.56. Now, the first resistance to watch is $2.22. This is followed by the second major resistance level at $2.63. The third major resistance level sits at $2.87. If the price goes on to break the first support level at $1.57, it is likely to go to the next support level at $1.33. Assuming the price breaks the second support level, the third support level stands at $0.92.
TPI Composites Inc (NASDAQ: TPIC) Key Stats
There are 47,563K outstanding shares of the company, which has a market capitalization of 86.09 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.
