TWKS has 36-month beta value of 0.95. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for TWKS is 88.85M, and currently, short sellers hold a 4.99% ratio of that float. The average trading volume of TWKS on August 12, 2024 was 1.61M shares.
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TWKS) stock’s latest price update
Thoughtworks Holding Inc (NASDAQ: TWKS) has experienced a decline in its stock price by -0.58 compared to its previous closing price of 4.34. However, the company has seen a gain of 0.12% in its stock price over the last five trading days. globenewswire.com reported 2024-08-12 that NEW YORK, Aug. 12, 2024 (GLOBE NEWSWIRE) — Top law firm Bleichmar Fonti & Auld LLP is investigating the Thoughtworks Holdings, Inc. (“Thoughtworks” or the “Company”) (NASDAQ: TWKS) buyout by Apax Partners, L.L.P. If you invested in Thoughtworks, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/thoughtworks-holdings-inc.
TWKS’s Market Performance
TWKS’s stock has risen by 0.12% in the past week, with a monthly rise of 59.81% and a quarterly rise of 48.28%. The volatility ratio for the week is 1.35% while the volatility levels for the last 30 days are 5.24% for Thoughtworks Holding Inc The simple moving average for the past 20 days is 23.62% for TWKS’s stock, with a 25.19% simple moving average for the past 200 days.
Analysts’ Opinion of TWKS
Many brokerage firms have already submitted their reports for TWKS stocks, with Goldman repeating the rating for TWKS by listing it as a “Sell.” The predicted price for TWKS in the upcoming period, according to Goldman is $2.50 based on the research report published on June 24, 2024 of the current year 2024.
Robert W. Baird gave a rating of “Outperform” to TWKS, setting the target price at $6 in the report published on January 02nd of the current year.
TWKS Trading at 42.61% from the 50-Day Moving Average
After a stumble in the market that brought TWKS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -17.02% of loss for the given period.
Volatility was left at 5.24%, however, over the last 30 days, the volatility rate increased by 1.35%, as shares surge +54.66% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +52.47% upper at present.
During the last 5 trading sessions, TWKS rose by +0.12%, which changed the moving average for the period of 200-days by +12.37% in comparison to the 20-day moving average, which settled at $3.57. In addition, Thoughtworks Holding Inc saw -10.29% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at TWKS starting from Parke Joanna, who sale 16,005 shares at the price of $5.00 back on Dec 27 ’23. After this action, Parke Joanna now owns 425,522 shares of Thoughtworks Holding Inc, valued at $80,025 using the latest closing price.
Stock Fundamentals for TWKS
Current profitability levels for the company are sitting at:
- -0.05 for the present operating margin
- 0.28 for the gross margin
The net margin for Thoughtworks Holding Inc stands at -0.11. The total capital return value is set at -0.05. Equity return is now at value -15.19, with -8.99 for asset returns.
Based on Thoughtworks Holding Inc (TWKS), the company’s capital structure generated 0.29 points at debt to capital in total, while cash flow to debt ratio is standing at -0.0. The debt to equity ratio resting at 0.42. The interest coverage ratio of the stock is -1.89.
Currently, EBITDA for the company is 34.63 million with net debt to EBITDA at 163.53. When we switch over and look at the enterprise to sales, we see a ratio of 1.62. The receivables turnover for the company is 3.73for trailing twelve months and the total asset turnover is 0.83. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.59.
Conclusion
To put it simply, Thoughtworks Holding Inc (TWKS) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
