Thoughtworks Holding Inc [NASDAQ: TWKS] closed the trading session at $3.02.
The stocks have a year to date performance of -37.21 percent and weekly performance of 30.17 percent. The stock has been moved at -17.93 percent over the last six months. The stock has performed 30.17 percent around the most recent 30 days and changed -34.49 percent over the most recent 3-months.
If compared to the average trading volume of 850.23K shares, TWKS reached to a volume of 5076614 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Thoughtworks Holding Inc [TWKS]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TWKS shares is $4.13 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TWKS stock is a recommendation set at 2.50. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
William Blair have made an estimate for Thoughtworks Holding Inc shares, keeping their opinion on the stock as Mkt Perform, with their previous recommendation back on February 28, 2024. The new note on the price target was released on January 02, 2024, representing the official price target for Thoughtworks Holding Inc stock. On August 10, 2023, analysts decreased their price target for TWKS shares from 9 to 6.
The Average True Range (ATR) for Thoughtworks Holding Inc is set at 0.19, with the Price to Sales ratio for TWKS stock in the period of the last 12 months amounting to 0.86. The Price to Book ratio for the last quarter was 1.26, with the Price to Cash per share for the same quarter was set at 0.31. Price to Free Cash Flow for TWKS in the course of the last twelve months was 24.36 with Quick ratio for the last quarter at 2.69.
TWKS stock trade performance evaluation
Thoughtworks Holding Inc [TWKS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 30.17. With this latest performance, TWKS shares gained by 30.17% in over the last four-week period, additionally sinking by -17.93% over the last 6 months – not to mention a drop of -60.26% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TWKS stock in for the last two-week period is set at 69.76, with the RSI for the last a single of trading hit 78.35, and the three-weeks RSI is set at 61.46 for Thoughtworks Holding Inc [TWKS]. The present Moving Average for the last 50 days of trading for this stock 2.49, while it was recorded at 2.50 for the last single week of trading, and 4.05 for the last 200 days.
Thoughtworks Holding Inc [TWKS]: An insightful look at the core fundamentals
Thoughtworks Holding Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.69 and a Current Ratio set at 2.69.
Earnings per share (EPS) analysis for Thoughtworks Holding Inc [TWKS] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for TWKS. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Thoughtworks Holding Inc go to -3.20%.
Thoughtworks Holding Inc [TWKS]: Institutional Ownership
The top three institutional holders of TWKS stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in TWKS stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in TWKS stock with ownership which is approximately 5.8386%.
