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. Thoughtworks Holding Inc’s current trading price is -13.94% away from its 52-week high, while its distance from the 52-week low is 104.34%. The stock’s price range during this period has varied between $2.19 and $5.20. The company, active in the Technology sector, saw a trading volume of around 1.79 million for the day, considerably lower average daily volume of 3.45 million observed over the last three months.
Thoughtworks Holding Inc had a pretty favorable run when it comes to the market performance. Over the past year, the company’s stock reached a high of $5.20 on 01/24/24, while the lowest price during the same period was $2.19 on 04/15/24.
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How Financial Performance Impacts Market Capitalization
Thoughtworks Holding Inc (TWKS) has experienced a quarterly rise of 3.35% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.45B and boasts a workforce of 10500 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 3.97, with a change in price of +1.51. Similarly, Thoughtworks Holding Inc recorded 3,084,577 in trading volume during the last 100 days, posting a change of +51.01%.
How TWKS’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 TWKS stands at 0.45. Similarly, the long-term debt-to-equity ratio is also 0.42.
TWKS Stock Stochastic Average
As of today, the raw stochastic average of Thoughtworks Holding Inc over the last 50 days is at 76.47%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 60.00%. Further, the company’s Stochastic %K and %D values for the last 20 days were 73.33% and 57.58%, respectively.
TWKS Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price decrease of -6.96%. However, over the past six months, we’ve seen a weaker performance of 41.61%. The price of TWKS fallen by 1.24% over the last 30 days. And in the last five days, it has fallen by -0.11%.
