Workiva Inc. (NYSE:WK) went down by -7.85% from its latest closing price when compared to the 1-year high value of $64.11 and move down -12.39%, while WK stocks collected +3.31% of gains with the last five trading sessions.
Workiva Inc. (NYSE:WK) Worth an Investment?
Workiva Inc. (NYSE: WK) The 36 Months beta value for WK stocks is at 0.92, while 3 of the analysts out of 6 who provided ratings for Workiva Inc. stocks as a “buy” while 1 as overweight, 1 rated it as hold and 1 as sell. The average price we get from analysts is $61.20 which is $4.16 above current price. WK currently has a short float of 4.34% and public float of 28.9M with average trading volume of 365.46K shares.
WK Market Performance
WK stocks went up by 3.31% for the week, with the monthly drop of -5.00% and a quarterly performance of 5.86%, while its annual performance rate touched 89.19%. The simple moving average for the period of the last 20 days is -3.29% for WK stocks with the simple moving average of 20.72% for the last 200 days.
Analysts’ Opinion on Workiva Inc. (NYSE:WK)
Many brokerage firms have already submitted their reports for WK stocks, with Robert W. Baird repeating the rating for WK shares by setting it to “Outperform”. The predicted price for WK socks in the upcoming period according to Robert W. Baird is $43.75 based on the research report published on September 25, 2018.
Morgan Stanley, on the other hand, stated in their research note that they expect to see WK stock at the price of $43.75. The rating they have provided for WK stocks is “Underweight” according to the report published on September 18, 2018.
Raymond James gave “ Mkt Perform” rating to WK stocks, setting the target price at $43.75 in the report published on February 23, 2018.
WK Stocks -1.20% Far from 50 Day Moving Average
After a stumble in the market that brought WK to its low price for the period of the last 52 weeks, Workiva Inc. was unable to take a rebound, for now settling with -11.03% of loss for the given period.
The stock volatility was left at 3.48%, however, within the period of a single month, the volatility rate increased by 5.18%, while the shares sank at the distance of -2.88% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +12.20% upper at the present time.
In the course of the last 5 trading sessions, WK went up by +3.31%, which changed the moving average for the period of 200 days to the total of +75.40% of gains for the stock in comparison to the 20-day moving average settled at $58.90. In addition, Workiva Inc. saw 58.93% in overturn over the period of a single year with a tendency to cut further gains.
WK Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Workiva Inc. (WK), starting from VANDERPLOEG MARTIN J, who sold 25,000 shares at the price of $62.14 back on Aug 12. After this action, Rushing now owns 300,000 shares of Workiva Inc., valued at $1,553,595 with the latest closing price.
TROM JEFF D, the Executive VP & CTO of Workiva Inc., sold 20,000 shares at the value of $57.70 during a trade that took place back on Jul 22, which means that TROM JEFF D is holding 354,775 shares at the value of $1,154,070 based on the most recent closing price.
WK Stock Fundamentals
The current profitability levels are settled at -20.38 for the present operating margin and +73.05 for gross margin. The net margin for Workiva Inc. stands at -20.49. Total capital return value is set at -877.40, while invested capital returns managed to touch -1,117.78. Equity return holds the value 558.90%, with -23.00% for asset returns.
The value for Enterprise to Sales is 10.50 with debt to enterprise value settled at 0.01. The receivables turnover for Workiva Inc. is 5.09 with the total asset turnover at the value of 1.26. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.88.