2U Inc (NASDAQ: TWOU) is -70.63% lower on its value in year-to-date trading and has touched a low of $0.32 and a high of $9.68 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 TWOU stock was last observed hovering at around $0.38 in the last trading session, with the day’s loss setting it -0.02%.
Currently trading at $0.36, the stock is -12.34% and -50.26% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.29 million and changing -3.65% at the moment leaves the stock -84.13% off its SMA200. TWOU registered -96.09% loss for a year compared to 6-month loss of -88.38%. The firm has a 50-day simple moving average (SMA 50) of $1.02 and a 200-day simple moving average (SMA200) of -$7.62.
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The stock witnessed a -60.66% gain in the last 1 month and extending the period to 3 months gives it a -63.51%, and is -14.02% 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 10.29% over the week and 18.78% over the month.
2U Inc (TWOU) has around 5568 employees, a market worth around $30.22M and $945.95M in sales. Fwd P/E is 9.73. Profit margin for the company is -33.58%. Distance from 52-week low is 12.91% and -96.27% from its 52-week high. The company has generated returns on investments over the last 12 months (-26.49%).
2U Inc quarterly earnings per share for the current quarter are estimated at -$0.33 with sales reaching $196.14M over the same period.The EPS is expected to shrink by -210.86% this year, but quarterly earnings will post -14.70% year-over-year. Quarterly sales are estimated to shrink -17.80% in year-over-year returns.
196 institutions hold shares in 2U Inc (TWOU), with institutional investors hold 82.62% of the company’s shares. The shares outstanding are 82.26M, and float is at 76.47M with Short Float at 11.96%. Institutions hold 79.07% of the Float.
The top institutional shareholder in the company is ARK Investment Management, LLC with over 9.77 million shares valued at $24.12 million. The investor’s holdings represent 11.99% of the TWOU Shares outstanding. As of Jun 29, 2023, the second largest holder is Blackrock Inc. with 6.81 million shares valued at $27.44 million to account for 8.36% of the shares outstanding. The other top investors are Vanguard Group Inc which holds 6.33 million shares representing 7.77% and valued at over $25.51 million, while Greenvale Capital, LLP holds 7.06% of the shares totaling 5.75 million with a market value of $23.16 million.
2U Inc (TWOU) Insider Activity
The most recent transaction is an insider purchase by McCullough Aaron, the company’s CHIEF PRODUCT OFFICER. SEC filings show that McCullough Aaron bought 51,565 shares of the company’s common stock on Dec 12 ’23 at a price of $0.99 per share for a total of $50895.0. Following the purchase, the insider now owns 0.4 million shares.
2U Inc disclosed in a document filed with the SEC on Dec 06 ’23 that Macias Edward S. (Director) sold a total of 2,300 shares of the company’s common stock. The trade occurred on Dec 06 ’23 and was made at $1.00 per share for $2300.0. Following the transaction, the insider now directly holds 87299.0 shares of the TWOU stock.
Still, SEC filings show that on Aug 17 ’23, McCullough Aaron (CHIEF PRODUCT OFFICER) acquired 45,700 shares at an average price of $3.14 for $0.14 million. The insider now directly holds 348,524 shares of 2U Inc (TWOU).
