Stock Surge: Twist Bioscience Corp (TWST) Closes at 57.44, Marking a -1.10 Increase/Decrease

The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

In the latest session, Twist Bioscience Corp (NASDAQ: TWST) closed at $57.44 down -1.10% from its previous closing price of $58.08. In other words, the price has decreased by -$1.10 from its previous closing price. On the day, 0.96 million shares were traded. TWST stock price reached its highest trading level at $58.69 during the session, while it also had its lowest trading level at $54.52.

Ratios:

For a deeper understanding of Twist Bioscience Corp’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 5.06 and its Current Ratio is at 5.51. In the meantime, Its Debt-to-Equity ratio is 0.16 whereas as Long-Term Debt/Eq ratio is at 0.13.

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:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jul 23 ’24 when Finn Patrick John sold 2,207 shares for $56.62 per share. The transaction valued at 124,971 led to the insider holds 171,212 shares of the business.

Laponis Adam sold 842 shares of TWST for $41,185 on Jul 09 ’24. The Chief Financial Officer now owns 73,602 shares after completing the transaction at $48.91 per share. On Jul 02 ’24, another insider, Leproust Emily M., who serves as the Chief Executive Officer of the company, sold 1,114 shares for $48.00 each. As a result, the insider received 53,474 and left with 504,732 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 3344501248 and an Enterprise Value of 3140584448. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.05 while its Price-to-Book (P/B) ratio in mrq is 5.96. Its current Enterprise Value per Revenue stands at 11.318 whereas that against EBITDA is -19.486.

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 15.79%, while the 200-Day Moving Average is calculated to be 61.11%.

Shares Statistics:

For the past three months, TWST has traded an average of 1.16M shares per day and 1017010 over the past ten days. A total of 57.56M shares are outstanding, with a floating share count of 55.73M. Insiders hold about 4.29% of the company’s shares, while institutions hold 114.04% stake in the company. Shares short for TWST as of 1721001600 were 9530323 with a Short Ratio of 8.21, compared to 1718323200 on 10847285. Therefore, it implies a Short% of Shares Outstanding of 9530323 and a Short% of Float of 21.41.

Most Popular