Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
Upwork Inc (NASDAQ: UPWK) closed the day trading at $16.20 up 0.56% from the previous closing price of $16.11. In other words, the price has increased by $0.56 from its previous closing price. On the day, 4.89 million shares were traded. UPWK stock price reached its highest trading level at $16.43 during the session, while it also had its lowest trading level at $15.9949.
Ratios:
For a better understanding of UPWK, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.54 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.93. For the most recent quarter (mrq), Quick Ratio is recorded 3.18 and its Current Ratio is at 3.18. In the meantime, Its Debt-to-Equity ratio is 0.90 whereas as Long-Term Debt/Eq ratio is at 0.89.
On May 02, 2024, BTIG Research Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $16.
Jefferies Upgraded its Hold to Buy on January 08, 2024, whereas the target price for the stock was revised from $13 to $20.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 18 ’24 when NELSON ELIZABETH A sold 75,000 shares for $17.37 per share. The transaction valued at 1,302,780 led to the insider holds 48,915 shares of the business.
Marie Olivier sold 2,601 shares of UPWK for $42,206 on Dec 19 ’24. The Chief Accounting Officer now owns 1,294 shares after completing the transaction at $16.23 per share. On Dec 18 ’24, another insider, Marie Olivier, who serves as the Chief Accounting Officer of the company, sold 1,448 shares for $17.11 each. As a result, the insider received 24,774 and left with 3,895 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, UPWK now has a Market Capitalization of 2165405440 and an Enterprise Value of 1933688448. As of this moment, Upwork’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.00, and their Forward P/E ratio for the next fiscal year is 13.47. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.79 while its Price-to-Book (P/B) ratio in mrq is 5.26. Its current Enterprise Value per Revenue stands at 2.538 whereas that against EBITDA is 30.26.
Stock Price History:
The Beta on a monthly basis for UPWK is 1.58, which has changed by 0.057780743 over the last 52 weeks, in comparison to a change of 0.24933672 over the same period for the S&P500. Over the past 52 weeks, UPWK has reached a high of $18.14, while it has fallen to a 52-week low of $8.43. The 50-Day Moving Average of the stock is 2.27%, while the 200-Day Moving Average is calculated to be 33.51%.
Shares Statistics:
Over the past 3-months, UPWK traded about 2.29M shares per day on average, while over the past 10 days, UPWK traded about 1434110 shares per day. A total of 133.50M shares are outstanding, with a floating share count of 120.77M. Insiders hold about 9.65% of the company’s shares, while institutions hold 81.78% stake in the company. Shares short for UPWK as of 1734048000 were 11938447 with a Short Ratio of 5.21, compared to 1731628800 on 10828547. Therefore, it implies a Short% of Shares Outstanding of 11938447 and a Short% of Float of 10.94.
