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TPIC’s Stochastic Averages Dip: Analyzing TPI Composites Inc’s Stock Performance

The market performance of TPI Composites Inc has been somewhat unstable. Over the past year, the company’s stock achieved a high of $5.75 on 06/05/24, with the lowest value for the same timeframe being $1.10, recorded on 12/19/24.

52-week price history of TPIC Stock

A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. TPI Composites Inc’s current trading price is -69.57% away from its 52-week high, while its distance from the 52-week low is 59.09%. The stock’s price range during this period has fluctuated between $1.10 and $5.75. Shares of the company, which operates in the Industrials sector, recorded a trading volume of around 2.2 million for the day, which was evidently higher than the average daily volume of 1.6 million over the last three months.

Financial Performance and Market Capitalization

TPI Composites Inc (TPIC) has experienced a quarterly decline of -61.54% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 83.24M and boasts a workforce of 12300 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 3.2582, with a change in price of -1.5150. Similarly, TPI Composites Inc recorded 1,262,660 in trading volume during the last 100 days, posting a change of -46.40%.

TPIC Stock Stochastic Average

The raw stochastic average for TPI Composites Inc over the last 50 days is presently at 18.84%. This reflects a drop from the raw stochastic average of the previous 20 days, which was noted at 42.48%. Further, the company’s Stochastic %K and %D values for the last 20 days were 51.20% and 52.14%, respectively.

TPIC Stock Price Performance Analysis

A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The metric has seen a significant loss of -57.73% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -53.21%. Over the past 30 days, the price of TPIC has leaped by -12.50%. And in the last five days, it has fallen by -27.08%.

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