TPI Composites Inc (NASDAQ: TPIC) kicked off on Monday, down -10.26% from the previous trading day, before settling in for the closing price of $1.95. Over the past 52 weeks, TPIC has traded in a range of $1.10-$5.75.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Annual sales at Industrials sector company grew by 8.58% over the past five years. While this was happening, its average annual earnings per share was recorded -5.54%. With a float of $43.79 million, this company’s outstanding shares have now reached $47.56 million.
Let’s look at the performance matrix of the company that is accounted for 12300 employees. 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
Our next focus will be how large-scale investors are participating in this stock of the Specialty Industrial Machinery Industry. The insider ownership of TPI Composites Inc is 7.93%, 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 -5.54% per share during the next fiscal year.
TPI Composites Inc (NASDAQ: TPIC) Trading Performance Indicators
Take a look at TPI Composites Inc’s (TPIC) current performance indicators. Last quarter, stock had 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 -0.44 in the next quarter and is forecasted to reach -0.85 in one year’s time.
Technical Analysis of TPI Composites Inc (TPIC)
TPI Composites Inc (NASDAQ: TPIC) saw its 5-day average volume 3.02 million, a positive change from its year-to-date volume of 1.12 million. As of the previous 9 days, the stock’s Stochastic %D was 51.20%. Additionally, its Average True Range was 0.34.
During the past 100 days, TPI Composites Inc’s (TPIC) raw stochastic average was set at 16.05%, which indicates a significant decrease from 42.48% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 330.83% in the past 14 days, which was higher than the 148.90% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.3468, while its 200-day Moving Average is $3.5370. Nevertheless, the first resistance level for the watch stands at $1.8829 in the near term. At $2.0157, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.1122. If the price goes on to break the first support level at $1.6536, it is likely to go to the next support level at $1.5571. Assuming the price breaks the second support level, the third support level stands at $1.4243.
TPI Composites Inc (NASDAQ: TPIC) Key Stats
The company with the Market Capitalisation of 83.24 million has total of 47,563K Shares Outstanding. Its annual sales at the moment are 1,455 M in contrast with the sum of -201,780 K annual income. Company’s last quarter sales were recorded 380,760 K and last quarter income was -40,070 K.
