The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
The closing price of Twist Bioscience Corp (NASDAQ: TWST) was $31.08 for the day, up 1.07% from the previous closing price of $30.75. In other words, the price has increased by $1.07 from its previous closing price. On the day, 1.23 million shares were traded. TWST stock price reached its highest trading level at $31.29 during the session, while it also had its lowest trading level at $29.78.
Ratios:
Our analysis of TWST’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 5.51 and its Current Ratio is at 5.98. 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 the company, Goldman on January 17, 2024, Upgraded its rating to Buy and sets its target price to $45 from $25 previously.
On September 27, 2023, Berenberg started tracking the stock assigning a Buy rating and target price of $27.
On January 05, 2023, Scotiabank started tracking the stock assigning a Sector Outperform rating and target price of $33.Scotiabank initiated its Sector Outperform rating on January 05, 2023, with a $33 target price.
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 Apr 23 ’24 when Finn Patrick John sold 2,174 shares for $30.12 per share. The transaction valued at 65,483 led to the insider holds 176,206 shares of the business.
Laponis Adam sold 556 shares of TWST for $18,434 on Apr 09 ’24. The Chief Financial Officer now owns 74,444 shares after completing the transaction at $33.16 per share. On Apr 02 ’24, another insider, Leproust Emily M., who serves as the Chief Executive Officer of the company, sold 1,132 shares for $32.74 each. As a result, the insider received 37,057 and left with 514,149 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 1796983424 and an Enterprise Value of 1577718144. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.85 while its Price-to-Book (P/B) ratio in mrq is 3.04. Its current Enterprise Value per Revenue stands at 6.013 whereas that against EBITDA is -8.944.
Stock Price History:
Over the past 52 weeks, TWST has reached a high of $43.21, while it has fallen to a 52-week low of $11.46. The 50-Day Moving Average of the stock is -11.20%, while the 200-Day Moving Average is calculated to be 12.92%.
Shares Statistics:
TWST traded an average of 894.09K shares per day over the past three months and 1020070 shares per day over the past ten days. A total of 57.56M shares are outstanding, with a floating share count of 55.30M. Insiders hold about 4.36% of the company’s shares, while institutions hold 114.10% stake in the company. Shares short for TWST as of 1713139200 were 12254169 with a Short Ratio of 13.71, compared to 1710460800 on 12012016. Therefore, it implies a Short% of Shares Outstanding of 12254169 and a Short% of Float of 27.79.
