Twist Bioscience Corp (NASDAQ: TWST) is -17.77% lower on its value in year-to-date trading and has touched a low of $27.41 and a high of $60.90 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 $38.94 in the last trading session, with the day’s loss setting it -0.73%.
Currently trading at $38.21, the stock is -5.87% and -14.26% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.54 million and changing -1.87% at the moment leaves the stock -16.99% off its SMA200. TWST registered 11.04% gain for a year compared to 6-month loss of -15.43%. The firm has a 50-day simple moving average (SMA 50) of $44.5674 and a 200-day simple moving average (SMA200) of $46.0317.
The stock witnessed a -3.70% gain in the last 1 month and extending the period to 3 months gives it a -19.10%, and is -8.76% 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 6.62% over the week and 7.41% over the month.
Twist Bioscience Corp (TWST) has around 923 employees, a market worth around $2.28B and $330.19M in sales. Profit margin for the company is -59.76%. Distance from 52-week low is 39.40% and -37.26% from its 52-week high. The company has generated returns on investments over the last 12 months (-37.69%).
with sales reaching $92M over the same period.The EPS is expected to grow by 43.45% this year, but quarterly earnings will post 20.08% year-over-year. Quarterly sales are estimated to grow 22.18% in year-over-year returns.
361.0 institutions hold shares in Twist Bioscience Corp (TWST), with institutional investors hold 114.79% of the company’s shares. The shares outstanding are 59.58M, and float is at 56.37M with Short Float at 15.66%. Institutions hold 112.33% of the Float.
The top institutional shareholder in the company is ARK INVESTMENT MANAGEMENT LLC with over 6.13 million shares valued at $302.06 million. The investor’s holdings represent 10.5415 of the TWST Shares outstanding. As of 2024-06-30, the second largest holder is ARTISAN PARTNERS LIMITED PARTNERSHIP with 6.07 million shares valued at $299.06 million to account for 10.4371 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 5.59 million shares representing 9.6178 and valued at over $275.59 million, while BLACKROCK INC. holds 9.328 of the shares totaling 5.42 million with a market value of $267.28 million.
Twist Bioscience Corp (TWST) Insider Activity
Still, SEC filings show that on Apr 02 ’25, Cho Dennis (Officer) Proposed Sale 124 shares at an average price of $38.73 for $4803.0. The insider now directly holds shares of Twist Bioscience Corp (TWST).
