TPI Composites Inc (NASDAQ: TPIC) kicked off on Monday, down -6.75% from the previous trading day, before settling in for the closing price of $1.63. Over the past 52 weeks, TPIC has traded in a range of $1.10-$5.75.
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A company in the Industrials sector has jumped its sales by 0.85% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 0.86%. With a float of $43.79 million, this company’s outstanding shares have now reached $47.56 million.
In an organization with 12300 employees, it is important to assess its efficiency. 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
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 72.92%. 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 -0.21 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 0.86% 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 -0.37 in the next quarter and is forecasted to reach -0.92 in one year’s time.
Technical Analysis of TPI Composites Inc (TPIC)
Let’s dig in a bit further. During the last 5-days, its volume was 0.95 million. That was inferior than the volume of 1.07 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 54.86%. Additionally, its Average True Range was 0.21.
During the past 100 days, TPI Composites Inc’s (TPIC) raw stochastic average was set at 10.37%, which indicates a significant decrease from 39.58% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 84.66% in the past 14 days, which was lower than the 150.22% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.6913, while its 200-day Moving Average is $3.4138. However, in the short run, TPI Composites Inc’s stock first resistance to watch stands at $1.5900. Second resistance stands at $1.6600. The third major resistance level sits at $1.7000. If the price goes on to break the first support level at $1.4800, it is likely to go to the next support level at $1.4400. The third support level lies at $1.3700 if the price breaches the second support level.
TPI Composites Inc (NASDAQ: TPIC) Key Stats
The company with the Market Capitalisation of 72.30 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.
