TPI Composites Inc (NASDAQ: TPIC) on Monday, plunged -5.64% from the previous trading day, before settling in for the closing price of $0.98. Within the past 52 weeks, TPIC’s price has moved between $0.64 and $5.26.
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A company in the Industrials sector has dropped its sales by -62.47% annually for the last half of the decade. The company achieved an average annual earnings per share of 55.37%. With a float of $33.86 million, this company’s outstanding shares have now reached $48.65 million.
In an organization with 11700 employees, it is important to assess its efficiency. In terms of profitability, gross margin is -2.86%, operating margin of -6.56%, and the pretax margin is -13.68%.
TPI Composites Inc (TPIC) Insider Updates
Observing investor behavior towards Specialty Industrial Machinery industry stocks is more important than anything else. The insider ownership of TPI Composites Inc is 30.39%, while institutional ownership is 53.85%. The most recent insider transaction that took place on Feb 24 ’25, was worth 121,600. In this transaction 10% Owner of this company bought 80,000 shares at a rate of $1.52, taking the stock ownership to the 4,397,232 shares. Before that another transaction happened on Feb 20 ’25, when Company’s 10% Owner bought 66,000 for $1.44, making the entire transaction worth $95,040. This insider now owns 4,295,232 shares in total.
TPI Composites Inc (TPIC) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.3 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 55.37% per share during the next fiscal year.
TPI Composites Inc (NASDAQ: TPIC) Trading Performance Indicators
TPI Composites Inc (TPIC) is currently performing well based on its current performance indicators. A quick ratio of 0.88 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.03. Likewise, its price to free cash flow for the trailing twelve months is 1.42.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -4.77, a number that is poised to hit -0.53 in the next quarter and is forecasted to reach -0.62 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 0.44 million. That was inferior than the volume of 0.79 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 32.23%.
During the past 100 days, TPI Composites Inc’s (TPIC) raw stochastic average was set at 24.12%, which indicates a significant increase from 16.02% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 104.12% in the past 14 days, which was lower than the 115.51% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.0869, while its 200-day Moving Average is $1.8370. However, in the short run, TPI Composites Inc’s stock first resistance to watch stands at $0.9818. Second resistance stands at $1.0409. The third major resistance level sits at $1.0718. If the price goes on to break the first support level at $0.8918, it is likely to go to the next support level at $0.8609. Assuming the price breaks the second support level, the third support level stands at $0.8018.
TPI Composites Inc (NASDAQ: TPIC) Key Stats
Market capitalization of the company is 44.89 million based on 48,650K outstanding shares. Right now, sales total 1,331 M and income totals -240,710 K. The company made 336,160 K in profit during its latest quarter, and -48,310 K in sales during its previous quarter.
