A new trading day began on Monday, with Upwork Inc (NASDAQ: UPWK) stock price down -1.19% from the previous day of trading, before settling in for the closing price of $13.48. UPWK’s price has ranged from $8.43 to $18.14 over the past 52 weeks.
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 Communication Services sector company grew by 20.99% over the past five years. Meanwhile, its annual earnings per share averaged 7.66%. With a float of $120.37 million, this company’s outstanding shares have now reached $133.05 million.
Let’s look at the performance matrix of the company that is accounted for 600 employees. In terms of profitability, gross margin is 77.37%, operating margin of 8.48%, and the pretax margin is 11.75%.
Upwork Inc (UPWK) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Internet Content & Information Industry. The insider ownership of Upwork Inc is 9.53%, while institutional ownership is 83.41%. The most recent insider transaction that took place on Mar 19 ’25, was worth 129,113. In this transaction GM, Marketplace of this company sold 9,593 shares at a rate of $13.46, taking the stock ownership to the 0 shares. Before that another transaction happened on Mar 18 ’25, when Company’s GM, Marketplace sold 5,411 for $13.07, making the entire transaction worth $70,717. This insider now owns 9,593 shares in total.
Upwork Inc (UPWK) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.27 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 7.66% per share during the next fiscal year.
Upwork Inc (NASDAQ: UPWK) Trading Performance Indicators
Here are Upwork Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 3.39. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.30. Likewise, its price to free cash flow for the trailing twelve months is 10.62.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.67, a number that is poised to hit 0.27 in the next quarter and is forecasted to reach 1.34 in one year’s time.
Technical Analysis of Upwork Inc (UPWK)
Upwork Inc (NASDAQ: UPWK) saw its 5-day average volume 1.64 million, a negative change from its year-to-date volume of 2.24 million. As of the previous 9 days, the stock’s Stochastic %D was 67.44%. Additionally, its Average True Range was 0.56.
During the past 100 days, Upwork Inc’s (UPWK) raw stochastic average was set at 31.24%, which indicates a significant decrease from 69.93% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.62% in the past 14 days, which was lower than the 47.85% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $13.49, while its 200-day Moving Average is $13.39. Nevertheless, the first resistance level for the watch stands at $13.61 in the near term. At $13.89, the stock is likely to face the second major resistance level. The third major resistance level sits at $14.09. If the price goes on to break the first support level at $13.13, it is likely to go to the next support level at $12.93. Assuming the price breaks the second support level, the third support level stands at $12.65.
Upwork Inc (NASDAQ: UPWK) Key Stats
With a market capitalization of 1.77 billion, the company has a total of 135,460K Shares Outstanding. Currently, annual sales are 769,330 K while annual income is 215,590 K. The company’s previous quarter sales were 191,480 K while its latest quarter income was 147,170 K.
