Twist Bioscience Corp (NASDAQ:TWST) shares, rose in value, with the stock price down by -4.29% to the previous day’s close as strong demand from buyers drove the stock to $36.80.
Actively observing the price movement in the last trading, the stock closed the session at $38.45, falling within a range of $36.58 and $38.37. The value of beta (5-year monthly) was 2.344. Referring to stock’s 52-week performance, its high was $60.90, and the low was $27.41. On the whole, TWST has fluctuated by -11.75% over the past month.
With the market capitalization of Twist Bioscience Corp currently standing at about $2.20 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-02.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 375.33M, with a low estimate of 91.69M and a high estimate of 93M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 92.04M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that TWST’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of TWST currently trading nearly -6.66% and -11.08% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 43.01, while the 7-day volatility ratio is showing 6.08% which for the 30-day chart, stands at 8.69%. Furthermore, Twist Bioscience Corp (TWST)’s beta value is 2.47, and its average true range (ATR) is 3.36.
A comparison of Twist Bioscience Corp (TWST) with its peers suggests the former has fared considerably weaker in the market. TWST showed an intraday change of -4.29% in last session, and over the past year, it grew by 28.63%%.
Data on historical trading for Twist Bioscience Corp (NASDAQ:TWST) indicates that the trading volumes over the past 10 days have averaged 1.59 and over the past 3 months, they’ve averaged 1.15 million. According to company’s latest data on outstanding shares, there are 59.58 million shares outstanding.
Nearly 5.50% of Twist Bioscience Corp’s shares belong to company insiders and institutional investors own 107.07% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 9.59 million shares as on 2025-03-31, resulting in a short ratio of 8.43. According to the data, the short interest in Twist Bioscience Corp (TWST) stood at 1817.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 9.3 million. The stock has fallen by -20.81% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the TWST stock heading into the next quarter.
