In last trading session, 2U Inc (NASDAQ:TWOU) saw 1.64 million shares changing hands with its beta currently measuring 0.93. Company’s recent per share price level of $0.25 trading at $0.0 or -0.69% at ring of the bell on the day assigns it a market valuation of $20.60M. That closing price of TWOU’s stock is at a discount of -2128.0% from its 52-week high price of $5.57 and is indicating a premium of 8.0% from its 52-week low price of $0.23. Taking a look at company’s average trading volume volume of 2.94 million if we extend that period to 3-months.
2U Inc (NASDAQ:TWOU) trade information
Upright in the red during last session for losing -0.69%, in the last five days TWOU remained trading in the red while hitting it’s week-highest on Tuesday, 04/30/24 when the stock touched $0.25 price level, adding 12.31% to its value on the day. 2U Inc’s shares saw a change of -79.98% in year-to-date performance and have moved -1.48% in past 5-day. 2U Inc (NASDAQ:TWOU) showed a performance of -36.03% in past 30-days.
2U Inc (TWOU) estimates and forecasts
Statistics highlight that 2U Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -88.16% of value to its shares in past 6 months, showing an annual growth rate of -184.21% while that of industry is 21.10. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. The company is estimating its revenue growth to decrease by -230.00% in the current quarter and calculating 55.60% increase in the next quarter. This year revenue growth is estimated to fall -14.70% from the last financial year’s standing.
4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $196.14 million for the same. And 4 analysts are in estimates of company making revenue of $197.08 million in the next quarter that will end on Jun 2024. Company posted $238.5 million and $222.09 million of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to shrink by -17.80% while estimating it to be -11.30% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -41.73% during past 5 years. In 2024, company’s earnings growth rate is likely to be around -210.86% while estimates for its earnings growth in next 5 years are of 15.00%.
TWOU Dividends
2U Inc is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
