Market Watch: Twist Bioscience Corp (TWST)’s Noteworthy Drop, Closing at 46.31

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As of close of business last night, Twist Bioscience Corp’s stock clocked out at $46.31, down -0.71% from its previous closing price of $46.64. In other words, the price has decreased by -$0.71 from its previous closing price. On the day, 0.65 million shares were traded. TWST stock price reached its highest trading level at $47.51 during the session, while it also had its lowest trading level at $46.06.

Ratios:

To gain a deeper understanding of TWST’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.52 and its Current Ratio is at 4.91. In the meantime, Its Debt-to-Equity ratio is 0.18 whereas as Long-Term Debt/Eq ratio is at 0.15.

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 this company, Guggenheim on June 04, 2024, initiated with a Buy rating and assigned the stock a target price of $53.

On January 17, 2024, Goldman Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $25 to $45.

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

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 Oct 09 ’24 when Laponis Adam sold 856 shares for $41.81 per share. The transaction valued at 35,791 led to the insider holds 73,397 shares of the business.

Laponis Adam bought 856 shares of TWST for $35,791 on Oct 09 ’24. On Oct 02 ’24, another insider, Green Paula, who serves as the SVP of Human Resources of the company, sold 3,310 shares for $43.21 each. As a result, the insider received 143,028 and left with 84,585 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 2713117696 and an Enterprise Value of 2510877696. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.19 while its Price-to-Book (P/B) ratio in mrq is 5.52. Its current Enterprise Value per Revenue stands at 8.505 whereas that against EBITDA is -16.027.

Stock Price History:

Over the past 52 weeks, TWST has reached a high of $60.90, while it has fallen to a 52-week low of $14.42. The 50-Day Moving Average of the stock is 5.33%, while the 200-Day Moving Average is calculated to be 11.18%.

Shares Statistics:

It appears that TWST traded 859.08K shares on average per day over the past three months and 562920 shares per day over the past ten days. A total of 57.56M shares are outstanding, with a floating share count of 56.11M. Insiders hold about 4.22% of the company’s shares, while institutions hold 106.40% stake in the company. Shares short for TWST as of 1727654400 were 8701877 with a Short Ratio of 10.13, compared to 1724976000 on 9383601. Therefore, it implies a Short% of Shares Outstanding of 8701877 and a Short% of Float of 19.399999.

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