Workiva Inc [NYSE: WK] closed the trading session at $79.50.
The stocks have a year to date performance of -21.70 percent and weekly performance of -6.28 percent. The stock has been moved at -15.60 percent over the last six months. The stock has performed -0.54 percent around the most recent 30 days and changed -6.45 percent over the most recent 3-months.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
If compared to the average trading volume of 317.12K shares, WK reached to a volume of 229467 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 Workiva Inc [WK]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for WK shares is $105.76 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on WK stock is a recommendation set at 1.45. 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.
Wolfe Research have made an estimate for Workiva Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on August 28, 2023. While these analysts kept the previous recommendation, Goldman raised their target price to Buy. The new note on the price target was released on October 21, 2022, representing the official price target for Workiva Inc stock. Previously, the target price had yet another raise to $86, while Citigroup analysts kept a Buy rating on WK stock. On May 04, 2022, analysts decreased their price target for WK shares from 120 to 80.
The Average True Range (ATR) for Workiva Inc is set at 2.51, with the Price to Sales ratio for WK stock in the period of the last 12 months amounting to 6.65. Price to Free Cash Flow for WK in the course of the last twelve months was 49.51 with Quick ratio for the last quarter at 2.05.
WK stock trade performance evaluation
Workiva Inc [WK] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -6.28. With this latest performance, WK shares dropped by -0.54% in over the last four-week period, additionally sinking by -15.60% over the last 6 months – not to mention a drop of -16.01% 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 WK stock in for the last two-week period is set at 40.77, with the RSI for the last a single of trading hit 34.55, and the three-weeks RSI is set at 43.17 for Workiva Inc [WK]. The present Moving Average for the last 50 days of trading for this stock 81.65, while it was recorded at 82.08 for the last single week of trading, and 92.87 for the last 200 days.
Workiva Inc [WK]: An insightful look at the core fundamentals
Workiva Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.05 and a Current Ratio set at 2.05.
Workiva Inc [WK]: Institutional Ownership
The top three institutional holders of WK 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 WK stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in WK stock with ownership which is approximately 5.8386%.
