Upwork Inc. (NASDAQ:UPWK) went up by 3.13% from its latest closing price when compared to the 1-year high value of $25.00 and move down -61.6%, while UPWK stocks collected +0.06% of gains with the last five trading sessions.
Upwork Inc. (NASDAQ:UPWK) Worth an Investment?
Upwork Inc. (NASDAQ:UPWK) 7 of the analysts out of 8 who provided ratings for Upwork Inc. stocks as a “buy” while 0 as overweight, 1 rated it as hold and 0 as sell. The average price we get from analysts is $23.88 which is $8.41 above current price. UPWK currently has a short float of 8.06% and public float of 46.76M with average trading volume of 1.12M shares.
UPWK Market Performance
UPWK stocks went up by 0.06% for the week, with the monthly drop of -6.98% and a quarterly performance of -6.81%, while its annual performance rate touched . The simple moving average for the period of the last 20 days is -5.52% for UPWK stocks with the simple moving average of -15.46% for the last 200 days.
Analysts’ Opinion on Upwork Inc. (NASDAQ:UPWK)
Many brokerage firms have already submitted their reports for UPWK stocks, with Jefferies repeating the rating for UPWK shares by setting it to “Buy”. The predicted price for UPWK socks in the upcoming period according to Jefferies is $23 based on the research report published on June 26, 2019.
RBC Capital Mkts, on the other hand, stated in their research note that they expect to see UPWK stock at the price of $24. The rating they have provided for UPWK stocks is “Outperform” according to the report published on October 29, 2018.
Jefferies gave “Hold” rating to UPWK stocks, setting the target price at $20 in the report published on October 29, 2018.
UPWK Stocks -2.13% Far from 50 Day Moving Average
After a stumble in the market that brought UPWK to its low price for the period of the last 52 weeks, Upwork Inc. was unable to take a rebound, for now settling with -38.12% of loss for the given period.
The stock volatility was left at 4.14%, however, within the period of a single month, the volatility rate increased by 7.02%, while the shares sank at the distance of -6.98% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +8.18% upper at the present time.
In the course of the last 5 trading sessions, UPWK went up by +0.06%, which changed the moving average for the period of 200 days to the total of -10.27% of losses for the stock in comparison to the 20-day moving average settled at $16.32. In addition, Upwork Inc. saw -14.58% in overturn over the period of a single year with a tendency to cut further losses.
UPWK Stock Fundamentals
The current profitability levels are settled at -4.53 for the present operating margin and +66.78 for gross margin. The net margin for Upwork Inc. stands at -7.86. Total capital return value is set at -5.26, while invested capital returns managed to touch -9.47. Equity return holds the value -10.90%, with -4.90% for asset returns.
Based on Upwork Inc. (UPWK), the company’s capital structure generated 9.81 points for debt to equity in total, while total debt to capital is set at the value of 8.93. Total debt to assets is settled at the value of 6.11 with long-term debt to equity ratio rests at 7.48 and long-term debt to capital is 6.81.
The value for Enterprise to Sales is 5.36 with debt to enterprise value settled at 0.03. The receivables turnover for Upwork Inc. is 9.55 with the total asset turnover at the value of 0.76. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.01.