Daily Market Movement: Twist Bioscience Corp (TWST) Sees a 2.62 Increase, Closing at 41.90

Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.

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

The closing price of Twist Bioscience Corp (NASDAQ: TWST) was $41.90 for the day, up 2.62% from the previous closing price of $40.83. In other words, the price has increased by $2.62 from its previous closing price. On the day, 1.34 million shares were traded. TWST stock price reached its highest trading level at $42.5399 during the session, while it also had its lowest trading level at $39.6.


Our analysis of TWST’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 5.06 and its Current Ratio is at 5.51. In the meantime, Its Debt-to-Equity ratio is 0.16 whereas as Long-Term Debt/Eq ratio is at 0.13.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Goldman on January 17, 2024, Upgraded its rating to Buy and sets its target price to $45 from $25 previously.

On September 27, 2023, Berenberg started tracking the stock assigning a Buy rating and target price of $27.

On January 05, 2023, Scotiabank started tracking the stock assigning a Sector Outperform rating and target price of $33.Scotiabank initiated its Sector Outperform rating on January 05, 2023, with a $33 target price.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on May 03 ’24 when Leproust Emily M. sold 4,163 shares for $37.13 per share. The transaction valued at 154,589 led to the insider holds 509,986 shares of the business.

Finn Patrick John sold 2,311 shares of TWST for $85,817 on May 03 ’24. The President and COO now owns 173,895 shares after completing the transaction at $37.13 per share. On May 03 ’24, another insider, Green Paula, who serves as the SVP of Human Resources of the company, sold 910 shares for $37.13 each. As a result, the insider received 33,792 and left with 91,511 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TWST now has a Market Capitalization of 2439669504 and an Enterprise Value of 2235752448. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.79 while its Price-to-Book (P/B) ratio in mrq is 4.35. Its current Enterprise Value per Revenue stands at 8.057 whereas that against EBITDA is -13.872.

Stock Price History:

Over the past 52 weeks, TWST has reached a high of $50.50, while it has fallen to a 52-week low of $14.29. The 50-Day Moving Average of the stock is 14.65%, while the 200-Day Moving Average is calculated to be 41.14%.

Shares Statistics:

TWST traded an average of 945.13K shares per day over the past three months and 859910 shares per day over the past ten days. A total of 57.56M shares are outstanding, with a floating share count of 55.70M. Insiders hold about 4.34% of the company’s shares, while institutions hold 114.95% stake in the company. Shares short for TWST as of 1715731200 were 10704097 with a Short Ratio of 11.33, compared to 1713139200 on 12254169. Therefore, it implies a Short% of Shares Outstanding of 10704097 and a Short% of Float of 24.049999.

Most Popular