Twist Bioscience Corporation (NASDAQ: TWST) is -28.85% lower on its value in year-to-date trading and has touched a low of $14.98 and a high of $58.76 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TWST stock was last observed hovering at around $16.86 in the last trading session, with the day’s gains setting it 0.08%.
Currently trading at $16.94, the stock is -13.56% and -28.58% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.28 million and changing 0.47% at the moment leaves the stock -47.78% off its SMA200. TWST registered -56.09% loss for a year compared to 6-month loss of -57.29%.
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The stock witnessed a -29.27% gain in the last 1 month and extending the period to 3 months gives it a -33.75%, and is -6.31% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 9.53% over the week and 6.64% over the month.
Twist Bioscience Corporation (TWST) has around 989 employees, a market worth around $1.05B and $215.80M in sales. Profit margin for the company is -99.20%. Distance from 52-week low is 13.06% and -71.17% from its 52-week high. The company has generated returns on investments over the last 12 months (-27.80%).
Twist Bioscience Corporation (TWST) Analyst Forecasts
Twist Bioscience Corporation is expected to release its quarterly report on 05/04/2023.The EPS is expected to shrink by -28.30% this year
Twist Bioscience Corporation (TWST) Top Institutional Holders
The shares outstanding are 56.44M, and float is at 56.00M with Short Float at 17.87%.
Twist Bioscience Corporation (TWST) Insider Activity
A total of 71 insider transactions have happened at Twist Bioscience Corporation (TWST) in the last six months, with sales accounting for 53 and purchases happening 18 times. The most recent transaction is an insider sale by Starovasnik Melissa A., the company’s Director. SEC filings show that Starovasnik Melissa A. sold 1,732 shares of the company’s common stock on Feb 09 at a price of $26.45 per share for a total of $45820.0. Following the sale, the insider now owns 11340.0 shares.
Twist Bioscience Corporation disclosed in a document filed with the SEC on Feb 09 that JOHANNESSEN JAN (Director) sold a total of 1,732 shares of the company’s common stock. The trade occurred on Feb 09 and was made at $26.45 per share for $45820.0. Following the transaction, the insider now directly holds 11616.0 shares of the TWST stock.
Still, SEC filings show that on Jan 04, Banyai William () disposed off 292 shares at an average price of $24.05 for $7023.0. The insider now directly holds 272,614 shares of Twist Bioscience Corporation (TWST).
Twist Bioscience Corporation (TWST): Who are the competitors?
The company’s main competitors (and peers) include Rogers Corporation (ROG) that is -44.97% lower over the past 12 months. Thermo Fisher Scientific Inc. (TMO) is 1.27% up on the 1-year trading charts.
