TPI Composites Inc (NASDAQ: TPIC) kicked off on Monday, down -7.99% from the previous trading day, before settling in for the closing price of $1.57. Over the past 52 weeks, TPIC has traded in a range of $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 0.85%. While this was happening, its average annual earnings per share was recorded -5.16%. With a float of $43.79 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
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 72.91%. 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 -5.16% 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 0.05.
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 -0.79 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 1.26 million was inferior to 1.42 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 14.20%. Additionally, its Average True Range was 0.29.
During the past 100 days, TPI Composites Inc’s (TPIC) raw stochastic average was set at 8.40%, which indicates a significant decrease from 15.60% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 323.68% in the past 14 days, which was higher than the 149.05% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.0460, while its 200-day Moving Average is $3.4965. Now, the first resistance to watch is $1.5300. This is followed by the second major resistance level at $1.6200. The third major resistance level sits at $1.6900. If the price goes on to break the first support level at $1.3700, it is likely to go to the next support level at $1.3000. Assuming the price breaks the second support level, the third support level stands at $1.2100.
TPI Composites Inc (NASDAQ: TPIC) Key Stats
The company with the Market Capitalisation of 68.49 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.
