Twist Bioscience (NASDAQ:TWST) has it’s rating Downgraded by analysts at BidaskClub
N/A from Strong-Buy to Buy in a note issued to investors on Thursday.
Twist Bioscience traded up $0.19 at mid-way of the trading on Thursday, hitting $36.45 daily high and touching the bottom line at 35.25. The company had a trading volume of 83134 shares, compared to its average volume of 432884. The company has a BETA of #N/A. TWST
Twist Bioscience has a 12-month low of $18.52 and a 12-month high of $42.17. The company’s fifty day moving average is 32 and its 200-day moving average is 27 while 100-day moving average is 30. Price change for 5-day moving average stands at -$3.94 or -$0.10, while 50-day moving average price change is $13.44 $0.60.
Twist Bioscience Earnings and What to expect:
Twist Bioscience last released its quarterly earnings results on May 7th, 2020. The reported ($0.85) EPS for the quarter, missing the consensus estimate of ($0.75) by $0.10. The business earned $19.30 million during the quarter, compared to analyst estimates of $17.18 million. Its revenue for the quarter was up 41.9% on a year-over-year basis. Twist Bioscience has generated ($3.92) earnings per share over the last year. Twist Bioscience has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Thursday, August 6th, 2020 based off prior year’s report dates.
Earnings for Twist Bioscience are expected to grow in the coming year, from ($3.00) to ($1.35) per share. The P/E ratio of Twist Bioscience is -8.10, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Twist Bioscience is -8.10, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Twist Bioscience has a P/B Ratio of 5.55. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.
Latest Institutional Ownership update:
- 5/27/2020: Public Employees Retirement Association of Colorado holds 5062 which equates to total market value of $0.16M. Which takes Public Employees Retirement Association of Colorado’s ownership the company at 0.00012.
- 5/19/2020: Fred Alger Management LLC holds 24000 which equates to total market value of $0.73M. Which takes Fred Alger Management LLC’s ownership the company at 0.00059.
- 5/18/2020: Perceptive Advisors LLC holds 322356 which equates to total market value of $10.38M. Which takes Perceptive Advisors LLC’s ownership the company at 0.00787.
What other brokers have rated Twist Bioscience (NASDAQ:TWST) in recent past:
- 5/29/2020 – Zumiez was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating. (View)
- 5/29/2020 – Zions Bancorporation NA was upgraded by analysts at BidaskClub from a “strong sell” rating to a “sell” rating. (View)
- 5/29/2020 – Xenon Pharmaceuticals was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating. (View)
Latest Insiders Trading and Volume :
- Insider Ownership Percentage: 25.10%
- On 5/26/2020 CEO Emily M Leproust Sell 10593 at average share price of $39.07 which equates to $413,868.51 in money value.
- On 5/22/2020 CEO Emily M Leproust Sell 14513 at average price of $39.27 with total value of : $569,925.51
- On 5/20/2020 CEO Emily M. Leproust Sell 40956 at average price of $39.75 with total value of : $1,628,001.00
Twist Bioscience (NASDAQ:TWST) Moving Average Technical Analysis
5 day Moving Average is $38 And 5 day price change is -$3.94 (-$0.10) with average volume for 5 day average is 42532000.00%. While technical analysis for average 20 days shows significant difference, 20 day moving average is 37 and 20 day price change is $2.82 ($0.09) and average 20 day moving volume is 46033000.00%
Compare this to pre-covid-19 (Coronavirus) pandemic , 50 day moving average is 32 and 50 day price change is $13.44 ( $0.60) and with average volume for 50 days is : 45952000.00%. 200 day moving average is 27 and 200 day price change is $7.79 ($0.28) and with average volume for 200 days is : 40472900.00%.