Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The price of TPI Composites Inc (NASDAQ: TPIC) closed at $0.68 in the last session, down -4.89% from day before closing price of $0.72. In other words, the price has decreased by -$4.89 from its previous closing price. On the day, 1.02 million shares were traded. TPIC stock price reached its highest trading level at $0.75 during the session, while it also had its lowest trading level at $0.6374.
Ratios:
We take a closer look at TPIC’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 34273824 and an Enterprise Value of 579428800. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.02. Its current Enterprise Value per Revenue stands at 0.435 whereas that against EBITDA is -11.576.
Stock Price History:
The Beta on a monthly basis for TPIC is 1.97, which has changed by -0.75359714 over the last 52 weeks, in comparison to a change of -0.028342128 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 $0.71. The 50-Day Moving Average of the stock is -40.98%, while the 200-Day Moving Average is calculated to be -75.20%.
Shares Statistics:
According to the various share statistics, TPIC traded on average about 930.87K shares per day over the past 3-months and 785830 shares per day over the past 10 days. A total of 47.61M shares are outstanding, with a floating share count of 33.22M. Insiders hold about 30.22% of the company’s shares, while institutions hold 63.16% stake in the company. Shares short for TPIC as of 1741910400 were 8295505 with a Short Ratio of 8.91, compared to 1739491200 on 8125759. Therefore, it implies a Short% of Shares Outstanding of 8295505 and a Short% of Float of 17.860001.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
