Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Twist Bioscience Corp’s current trading price is -26.79% away from its 52-week high, while its distance from the 52-week low is 101.31%. The stock’s price range during this period has varied between $11.46 and $31.51. The company, active in the Healthcare sector, saw a trading volume of around 1.95 million for the day, considerably higher average daily volume of 0.94 million observed over the last three months.
Twist Bioscience Corp (TWST) currently has a stock price of $23.07. The stock saw a sharp increase in the last trading session, hitting a high of $19.81 after opening at $19.77. The lowest recorded price for the day was $18.80 before it closed at $19.07.
The market performance of Twist Bioscience Corp has been somewhat unstable. Over the past year, the company’s stock achieved a high of $31.51 on 02/02/23, with the lowest value for the same timeframe being $11.46, recorded on 05/02/23.
How Financial Performance Impacts Market Capitalization
Twist Bioscience Corp (TWST) has experienced a quarterly rise of 19.04% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.32B and boasts a workforce of 989 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 20.43, with a change in price of +3.88. Similarly, Twist Bioscience Corp recorded 1,016,508 in trading volume during the last 100 days, posting a change of +20.11%.
How TWST’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for TWST stands at 0.14. Similarly, the long-term debt-to-equity ratio is also 0.12.
TWST Stock Stochastic Average
As of today, the raw stochastic average of Twist Bioscience Corp over the last 50 days is at 90.04%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 90.04%. Further, the company’s Stochastic %K and %D values for the last 20 days were 79.06% and 78.91%, respectively.
TWST Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Year to date metric has recorded a loss of -3.11%.However, over the last six months, we can see a weaker performance of 77.05%. Over the last 30 days, the price of TWST has fallen by 38.81%. And in the last five days, it has surged by 36.75%.