In the latest trading session,, 0.63 million 2U Inc (NASDAQ:TWOU) shares changed hands as the company’s beta touched 0.85. With the company’s most recent per share price at $0.33 changed hands at -$0.01 or -3.71% at last look, the market valuation stands at $27.79M. TWOU’s current price is a discount, trading about -1748.48% off its 52-week high of $6.10. The share price had its 52-week low at $0.31, which suggests the last value was 6.06% up since then. When we look at 2U Inc’s average trading volume, we note the 3-month average coming to 2.83 million.
2U Inc (NASDAQ:TWOU) trade information
Instantly TWOU was in red as seen in intraday trades today. With action -6.45%, the performance over the past five days has been red. The drop to weekly highs of 0.3800 subtracted -3.71% to the stock’s daily price. The company’s shares are showing year-to-date downside of -72.99%, with the 5-day performance at -6.45% in the red. However, in the 30-day time frame, 2U Inc (NASDAQ:TWOU) is -5.92% down. Looking at the short shares, we see there were N/A shares sold at short interest cover period of N/A days.
2U Inc (TWOU) estimates and forecasts
Data shows that the 2U Inc share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -85.04% over the past 6 months, a -184.21% in annual growth rate that is considerably lower than the industry average of 18.80%. Moreover, analysts have looked to lower expectations by upgrading its fiscal year 2024 revenue estimates. The rating firms predict current quarter revenue for 2U Inc will fall -230.00%, while the growth in revenue is estimated to hit 55.60% for the next quarter. Year-over-year growth is forecast to reach -14.70% down from the last financial year.
Consensus estimates given by 4 financial analysts project the company’s revenue in the current quarter to hit an average of $196.14 million. 4 analysts are of the opinion that 2U Inc’s revenue for the quarter ending Jun 2024 will be $197.08 million. The company’s revenue for the corresponding quarters a year ago was $238.5 million and $222.09 million respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -17.80%. The estimates for the next quarter sales put growth at -11.30%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -41.73%. The 2024 estimates are for 2U Inc earnings to decrease by -210.86%, but the outlook for the next 5-year period is at 15.00% per year.
