Upwork Inc. (NASDAQ:UPWK) went up by 0.92% from its latest closing price when compared to the 1-year high value of $17.75 and move down -24.65%, while UPWK stocks collected +5.09% of gains with the last five trading sessions. Press Release reported 15 hours ago that Upwork Teams with Citrix to Power Flexible Work
Upwork Inc. (NASDAQ:UPWK) Worth an Investment?
Upwork Inc. (NASDAQ:UPWK) of the analysts out of 0 who provided ratings for Upwork Inc. stocks as a “buy” while as overweight, rated it as hold and as sell. The average price we get from analysts is $12.71 which is -$1.53 below current price. UPWK currently has a short float of 3.77% and public float of 103.67M with average trading volume of 2.61M shares.
UPWK Market Performance
UPWK stocks went up by 5.09% for the week, with the monthly jump of 14.47% and a quarterly performance of 124.25%, while its annual performance rate touched -11.44%. The simple moving average for the period of the last 20 days is 13.52% for UPWK stocks with the simple moving average of 32.21% for the last 200 days.
Analysts’ Opinion on Upwork Inc. (NASDAQ:UPWK)
Many brokerage firms have already submitted their reports for UPWK stocks, with Guggenheim repeating the rating for UPWK shares by setting it to “Neutral”. The predicted price for UPWK socks in the upcoming period according to Guggenheim is $11 based on the research report published on January 24, 2020.
Citigroup, on the other hand, stated in their research note that they expect to see UPWK stock at the price of $12, previously predicting the value of $23. The rating they have provided for UPWK stocks is “Neutral” according to the report published on January 2, 2020.
First Analysis Sec gave “Outperform” rating to UPWK stocks, setting the target price at $18 in the report published on November 1, 2019.
UPWK Stocks 27.32% 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 -19.77% of loss for the given period.
The stock volatility was left at 6.14%, however, within the period of a single month, the volatility rate increased by 7.35%, while the shares surge at the distance of +16.63% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +92.43% upper at the present time.
In the course of the last 5 trading sessions, UPWK went up by +5.09%, which changed the moving average for the period of 200 days to the total of -5.76% of losses for the stock in comparison to the 20-day moving average settled at $12.64. In addition, Upwork Inc. saw 33.46% in overturn over the period of a single year with a tendency to cut further gains.
UPWK Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Upwork Inc. (UPWK), starting from Brown Hayden, who sold 23,858 shares at the price of $11.92 back on Jun 18. After this action, Rushing now owns 378,456 shares of Upwork Inc., valued at $284,294 with the latest closing price.
Gilpin Eric, the Senior VP, Sales of Upwork Inc., sold 3,279 shares at the value of $12.60 during a trade that took place back on May 19, which means that Gilpin Eric is holding 6,061 shares at the value of $41,329 based on the most recent closing price.
UPWK Stock Fundamentals
The current profitability levels are settled at -6.00 for the present operating margin and +69.78 for gross margin. The net margin for Upwork Inc. stands at -5.54. Total capital return value is set at -6.33, while invested capital returns managed to touch -6.02. Equity return holds the value -8.50%, with -4.90% for asset returns.
Based on Upwork Inc. (UPWK), the company’s capital structure generated 16.45 points for debt to equity in total, while total debt to capital is set at the value of 14.13. Total debt to assets is settled at the value of 9.56 with long-term debt to equity ratio rests at -13.80 and long-term debt to capital is 12.29.
The value for Enterprise to Sales is 3.29 with debt to enterprise value settled at 0.04. The receivables turnover for Upwork Inc. is 11.46 with the total asset turnover at the value of 0.72. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.88.