Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
After finishing at $1.25 in the prior trading day, TPI Composites Inc (NASDAQ: TPIC) closed at $1.08, down -13.60%. In other words, the price has decreased by -$13.60 from its previous closing price. On the day, 0.74 million shares were traded.
Ratios:
Our goal is to gain a better understanding of TPIC by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.29 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.66. For the most recent quarter (mrq), Quick Ratio is recorded 0.88 and its Current Ratio is at 0.88.
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:
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 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.04.
Stock Price History:
Over the past 52 weeks, TPIC has reached a high of $5.33, while it has fallen to a 52-week low of $0.64. The 50-Day Moving Average of the stock is 6.75%, while the 200-Day Moving Average is calculated to be -47.07%.
Shares Statistics:
A total of 48.65M shares are outstanding, with a floating share count of 33.86M. Insiders hold about 30.39% of the company’s shares, while institutions hold 54.04% stake in the company.
