Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of 2U Inc (NASDAQ: TWOU) was $0.25 for the day, down -8.15% from the previous closing price of $0.27. In other words, the price has decreased by -$8.15 from its previous closing price. On the day, 2.48 million shares were traded. TWOU stock price reached its highest trading level at $0.279 during the session, while it also had its lowest trading level at $0.2408.
Ratios:
Our analysis of TWOU’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.97 and its Current Ratio is at 0.97. In the meantime, Its Debt-to-Equity ratio is 4.54 whereas as Long-Term Debt/Eq ratio is at 4.47.
On November 10, 2023, Cantor Fitzgerald Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation from $5.30 to $1.50.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 12 ’23 when McCullough Aaron bought 51,565 shares for $0.99 per share. The transaction valued at 50,895 led to the insider holds 400,089 shares of the business.
Macias Edward S. sold 2,300 shares of TWOU for $2,300 on Dec 06 ’23. The Director now owns 87,299 shares after completing the transaction at $1.00 per share. On Aug 17 ’23, another insider, McCullough Aaron, who serves as the CHIEF PRODUCT OFFICER of the company, bought 45,700 shares for $3.14 each. As a result, the insider paid 143,498 and bolstered with 348,524 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, TWOU now has a Market Capitalization of 20743662 and an Enterprise Value of 963238720. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.02 while its Price-to-Book (P/B) ratio in mrq is 0.09. Its current Enterprise Value per Revenue stands at 1.018 whereas that against EBITDA is 7.345.
Stock Price History:
Over the past 52 weeks, TWOU has reached a high of $6.10, while it has fallen to a 52-week low of $0.27. The 50-Day Moving Average of the stock is -40.01%, while the 200-Day Moving Average is calculated to be -86.13%.
Shares Statistics:
TWOU traded an average of 2.80M shares per day over the past three months and 1614280 shares per day over the past ten days. A total of 82.26M shares are outstanding, with a floating share count of 76.64M. Insiders hold about 8.38% of the company’s shares, while institutions hold 72.98% stake in the company. Shares short for TWOU as of 1711584000 were 12456640 with a Short Ratio of 4.45, compared to 1709164800 on 9149133. Therefore, it implies a Short% of Shares Outstanding of 12456640 and a Short% of Float of 17.21.
Earnings Estimates
The market rating of 2U Inc (TWOU) is currently shaped by the ongoing analysis conducted by Two Harbors Investment Corp analysts closely monitoring its performance.The consensus estimate for the next quarter is $0.25, with high estimates of $4.05 and low estimates of $12.38.
