Upwork Inc (NASDAQ:UPWK): Buy, Sell Or Hold At $12.75?

IPW

In recent trading session, Upwork Inc (NASDAQ:UPWK) saw 1.88 million shares changing hands at last check today with its beta currently measuring 1.59. Company’s recent per share price level of $12.75 trading at $0.79 or 6.61% at last check today assigns it a market valuation of $1.69B. That closing price of UPWK’s stock is at a discount of -28.31% from its 52-week high price of $16.36 and is indicating a premium of 48.55% from its 52-week low price of $6.56. Taking a look at company’s average trading volume volume of 2.10 million if we extend that period to 3-months.

Upwork Inc (NASDAQ:UPWK) trade information

Upright in the green today for gaining 6.61%, in the last five days UPWK remained trading in the green while hitting it’s week-highest on Thursday, 05/02/24 when the stock touched $12.75 price level, adding 2.3% to its value on the day. Upwork Inc’s shares saw a change of -14.26% in year-to-date performance and have moved 14.04% in past 5-day. Upwork Inc (NASDAQ:UPWK) showed a performance of 4.68% in past 30-days.

Upwork Inc (UPWK) estimates and forecasts

Statistics highlight that Upwork Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 22.01% of value to its shares in past 6 months, showing an annual growth rate of 53.85% while that of industry is 19.80. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 12.00% from the last financial year’s standing.

9 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 192.04M for the same. And 9 analysts are in estimates of company making revenue of 193.55M in the next quarter.

UPWK Dividends

Upwork 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.