The present stock price for TPI Composites Inc (TPIC) is $0.32. In the last trading session, the stock made a considerable jump, reaching $3.5 after an opening price of $0.32. The stock briefly fell to $0.7 before ending the session at $0.7.
TPI Composites Inc saw a rather unpredictable run in, in terms of market performance.
52-week price history of TPIC Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. TPI Composites Inc’s current trading price is -93.78% away from its 52-week high, while its distance from the 52-week low is -49.76%. The stock’s price range during this period has spanned from $0.64 to $5.15. In the Industrials sector, the TPI Composites Inc’s shares surpassed a trading volume of approximately 22.43 million for the day, which was noticeably higher compared to the average daily volume of 9.0.64 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
TPI Composites Inc (TPIC) has experienced a quarterly decline of -68.30% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 15.58M and boasts a workforce of 11700 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.9503, with a change in price of -0.8798. Similarly, TPI Composites Inc recorded 843,393 in trading volume during the last 100 days, posting a change of -73.32%.
TPIC Stock Stochastic Average
Today, TPI Composites Inc’s raw stochastic average for the past 50 days stands at 0.95%, indicating a decline from the raw stochastic average of the last 20 days, which was 1.55%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 2.74% and 5.08% respectively.
TPIC Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. The index has shown a price loss of -90.90% this year. Over the last six months, there has been a stronger performance of -78.79%. The price of TPIC leaped by -64.70% during the last 30 days period. For the last 5-days stocks have slided -57.40%.