On Tuesday, Upwork Inc (NASDAQ: UPWK) was -5.15% drop from the session before settling in for the closing price of $16.89. A 52-week range for UPWK has been $8.43 – $18.14.
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A company in the Communication Services sector has jumped its sales by 23.33% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 95.80%. With a float of $120.77 million, this company’s outstanding shares have now reached $133.50 million.
In an organization with 800 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 76.72%, operating margin of 7.88%, and the pretax margin is 11.54%.
Upwork Inc (UPWK) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Upwork Inc stocks. The insider ownership of Upwork Inc is 9.65%, while institutional ownership is 81.74%. The most recent insider transaction that took place on Dec 18 ’24, was worth 1,302,780. In this transaction Director of this company sold 75,000 shares at a rate of $17.37, taking the stock ownership to the 48,915 shares. Before that another transaction happened on Dec 19 ’24, when Company’s Chief Accounting Officer sold 2,601 for $16.23, making the entire transaction worth $42,206. This insider now owns 1,294 shares in total.
Upwork Inc (UPWK) 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 95.80% per share during the next fiscal year.
Upwork Inc (NASDAQ: UPWK) Trading Performance Indicators
You can see what Upwork Inc (UPWK) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 3.18. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.81. Likewise, its price to free cash flow for the trailing twelve months is 17.06.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.62, a number that is poised to hit 0.26 in the next quarter and is forecasted to reach 1.20 in one year’s time.
Technical Analysis of Upwork Inc (UPWK)
Let’s dig in a bit further. During the last 5-days, its volume was 1.84 million. That was inferior than the volume of 2.02 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 70.85%. Additionally, its Average True Range was 0.67.
During the past 100 days, Upwork Inc’s (UPWK) raw stochastic average was set at 77.05%, which indicates a significant increase from 41.71% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.15% in the past 14 days, which was lower than the 56.59% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $16.35, while its 200-day Moving Average is $12.31. However, in the short run, Upwork Inc’s stock first resistance to watch stands at $16.75. Second resistance stands at $17.49. The third major resistance level sits at $18.05. If the price goes on to break the first support level at $15.45, it is likely to go to the next support level at $14.89. Assuming the price breaks the second support level, the third support level stands at $14.15.
Upwork Inc (NASDAQ: UPWK) Key Stats
There are 133,667K outstanding shares of the company, which has a market capitalization of 2.14 billion. As of now, sales total 689,140 K while income totals 46,890 K. Its latest quarter income was 193,780 K while its last quarter net income were 27,760 K.
