Twist Bioscience Corp (NASDAQ: TWST) Just Learned Something New After This Week’s -6.57% Loss

Twist Bioscience Corp (NASDAQ:TWST)’s traded shares stood at 0.34 million during the last session, with the company’s beta value hitting 1.77. At the close of trading, the stock’s price was $43.34, to imply an increase of 1.29% or $0.55 in intraday trading. The TWST share’s 52-week high remains $60.90, putting it -40.52% down since that peak but still an impressive 66.73% since price per share fell to its 52-week low of $14.42. The company has a valuation of $2.54B, with an average of 0.68 million shares in intraday trading volume over the past 10 days and average of 875.64K shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for Twist Bioscience Corp (TWST), translating to a mean rating of 1.83. Of 7 analyst(s) looking at the stock, 0 analyst(s) give TWST a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 7 recommend it as a Buy.

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Twist Bioscience Corp (NASDAQ:TWST) trade information

After registering a 1.29% upside in the last session, Twist Bioscience Corp (TWST) has traded red over the past five days. The 5-day price performance for the stock is -6.57%, and 8.30% over 30 days. With these gigs, the year-to-date price performance is 17.58%. Short interest in Twist Bioscience Corp (NASDAQ:TWST) saw shorts transact 8.94 million shares and set a 11.54 days time to cover.

The extremes give us $32 and $53 for target low and target high price respectively. As such, TWST has been trading -22.29% off suggested target high and 26.17% from its likely low.

Twist Bioscience Corp (TWST) estimates and forecasts

Looking at statistics comparing Twist Bioscience Corp share performance against respective industry, we note that the company has underperformed competitors. Twist Bioscience Corp (TWST) shares are 32.90% up over the last 6 months, with its year-to-date growth rate lower than industry average at -3.31% against 17.60%.

TWST Dividends

Twist Bioscience Corp has its next earnings report out on 2024-Nov-15. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

Twist Bioscience Corp (NASDAQ:TWST)’s Major holders

Twist Bioscience Corp insiders hold 1.72% of total outstanding shares, with institutional holders owning 109.18% of the shares at 111.09% float percentage. In total, 109.18% institutions holds shares in the company, led by ARK INVESTMENT MANAGEMENT LLC. As of 2024-06-30, the company held over 6.13 million shares (or 10.5415% of shares), all amounting to roughly $302.06 million.

The next major institution holding the largest number of shares is ARTISAN PARTNERS LIMITED PARTNERSHIP with 6.07 million shares, or about 10.4371% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $299.06 million.