Thoughtworks Holding Inc (NASDAQ: TWKS)’s stock price has increased by 0.45 compared to its previous closing price of 4.41. However, the company has seen a 0.23% increase in its stock price over the last five trading sessions. accesswire.com reported 2024-10-13 that LOS ANGELES, CA / ACCESSWIRE / October 13, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Thoughtworks Holding, Inc. (“Thoughtworks” or “the Company”) (NASDAQ:TWKS) for potential breaches of fiduciary duty on the part of its directors and management. The investigation focuses on determining if the Thoughtworks board breached its fiduciary duties to shareholders.
Is It Worth Investing in Thoughtworks Holding Inc (NASDAQ: TWKS) Right Now?
Company’s 36-month beta value is 1.14.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 1 as “overweight,” 8 as “hold,” and 0 as “sell.”
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The public float for TWKS is 89.12M, and currently, short sellers hold a 3.99% ratio of that floaft. The average trading volume of TWKS on October 14, 2024 was 3.00M shares.
TWKS’s Market Performance
TWKS stock saw an increase of 0.23% in the past week, with a monthly gain of 1.14% and a quarterly increase of 58.78%. The volatility ratio for the week is 0.48%, and the volatility levels for the last 30 days are 0.48% for Thoughtworks Holding Inc (TWKS). The simple moving average for the past 20 days is 0.51% for TWKS’s stock, with a 26.02% 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 1.74% 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 -14.81% of loss for the given period.
Volatility was left at 0.48%, however, over the last 30 days, the volatility rate increased by 0.48%, as shares surge +0.68% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +24.44% upper at present.
During the last 5 trading sessions, TWKS rose by +0.23%, which changed the moving average for the period of 200-days by -10.87% in comparison to the 20-day moving average, which settled at $4.41. In addition, Thoughtworks Holding Inc saw -7.90% 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 1.66. 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
In a nutshell, Thoughtworks Holding Inc (TWKS) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
