Market Watch: TPI Composites Inc (TPIC)’s Noteworthy Drop, Closing at 0.78

Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.

As of close of business last night, TPI Composites Inc’s stock clocked out at $0.78, down -8.16% from its previous closing price of $0.85. In other words, the price has decreased by -$8.16 from its previous closing price. On the day, 1.56 million shares were traded. TPIC stock price reached its highest trading level at $0.87 during the session, while it also had its lowest trading level at $0.77.

Ratios:

To gain a deeper understanding of TPIC’s stock, we examine its different 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:

Investing in insider trades can also provide an investor with insight into how management views future 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 37220792 and an Enterprise Value of 582375808. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.03. Its current Enterprise Value per Revenue stands at 0.438 whereas that against EBITDA is -11.635.

Stock Price History:

The Beta on a monthly basis for TPIC is 2.04, which has changed by -0.7256141 over the last 52 weeks, in comparison to a change of 0.06429911 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 $0.79. The 50-Day Moving Average of the stock is -37.59%, while the 200-Day Moving Average is calculated to be -72.86%.

Shares Statistics:

It appears that TPIC traded 1.03M shares on average per day over the past three months and 1041980 shares per day over the past ten days. A total of 47.61M shares are outstanding, with a floating share count of 33.24M. Insiders hold about 30.19% of the company’s shares, while institutions hold 63.41% stake in the company. Shares short for TPIC as of 1741910400 were 8295505 with a Short Ratio of 8.04, 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

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