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.
In the latest session, TPI Composites Inc (NASDAQ: TPIC) closed at $0.83 down -5.83% from its previous closing price of $0.89. In other words, the price has decreased by -$5.83 from its previous closing price. On the day, 2.32 million shares were traded. TPIC stock price reached its highest trading level at $0.89 during the session, while it also had its lowest trading level at $0.7959.
Ratios:
For a deeper understanding of TPI Composites Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.93 and its Current Ratio is at 0.94.
Morgan Stanley Downgraded its Equal-Weight to Underweight on November 15, 2024, whereas the target price for the stock was revised from $4 to $2.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Feb 24 ’25 when Dere Construction Taahhut A.S. bought 80,000 shares for $1.52 per share. The transaction valued at 121,600 led to the insider holds 4,397,232 shares of the business.
Dere Construction Taahhut A.S. bought 66,000 shares of TPIC for $95,040 on Feb 20 ’25. The 10% Owner now owns 4,295,232 shares after completing the transaction at $1.44 per share. On Feb 04 ’25, another insider, Dere Construction Taahhut A.S., who serves as the 10% Owner of the company, bought 49,000 shares for $1.59 each. As a result, the insider paid 77,910 and bolstered with 4,229,232 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, TPIC now has a Market Capitalization of 39753596 and an Enterprise Value of 584908608. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.03. Its current Enterprise Value per Revenue stands at 0.439 whereas that against EBITDA is -11.686.
Stock Price History:
The Beta on a monthly basis for TPIC is 2.02, which has changed by -0.6918819 over the last 52 weeks, in comparison to a change of 0.086116076 over the same period for the S&P500. Over the past 52 weeks, TPIC has reached a high of $5.75, while it has fallen to a 52-week low of $0.88. The 50-Day Moving Average of the stock is -36.63%, while the 200-Day Moving Average is calculated to be -72.05%.
Shares Statistics:
For the past three months, TPIC has traded an average of 1.17M shares per day and 895640 over the past ten days. A total of 47.61M shares are outstanding, with a floating share count of 33.26M. Insiders hold about 30.15% of the company’s shares, while institutions hold 63.41% stake in the company. Shares short for TPIC as of 1740700800 were 8362734 with a Short Ratio of 7.15, compared to 1738281600 on 7821113. Therefore, it implies a Short% of Shares Outstanding of 8362734 and a Short% of Float of 18.010001.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
