TPI Composites Inc (NASDAQ:TPIC) price on Thursday, July 03, rose 9.21% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $0.98.
A look at the stock’s price movement, the close in the last trading session was $0.9, moving within a range at $0.9 and $0.9995. The beta value (5-Year monthly) was 2.098. Turning to its 52-week performance, $5.26 and $0.64 were the 52-week high and 52-week low respectively. Overall, TPIC moved -28.10% over the past month.
TPI Composites Inc’s market cap currently stands at around $47.57 million, with investors looking forward to this quarter’s earnings report slated for on 2025-May-12.
Turning to the stock’s technical picture we see that short term indicators suggest on average that TPIC is a Hold. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
7 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 3 analyst(s) rate the stock as a Hold, 4 recommend TPIC as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
TPIC’s current price about -11.77% and -9.86% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 43.89, while 7-day volatility ratio is 10.45% and 10.08% in the 30-day chart. Further, TPI Composites Inc (TPIC) has a beta value of 1.98. Analysts have given the company’s stock an average 52-week price target of $28.5, forecast between a low of $5 and high of $42. Looking at the price targets, the low is -410.2% off current price level while to achieve the yearly target high, price needs to move -4185.71%. Nonetheless, investors will most likely welcome a -2808.16% jump to $28.5 which is the analysts’ median price.
If we refocus on TPI Composites Inc (NASDAQ:TPIC), historical trading data shows that trading volumes averaged 1.28 over the past 10 days and 611.68K over the past 3 months. The company’s latest data on shares outstanding shows there are 48.65 million shares.
The 30.39% of TPI Composites Inc’s shares are in the hands of company insiders while institutional holders own 53.85% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 6.91 million on 2025-06-13, giving us a short ratio of 12.24. The data shows that as of 2025-06-13 short interest in TPI Composites Inc (TPIC) stood at 1953.0000999999997 of shares outstanding, with shares short falling to 7.14 million registered in 2025-05-15. Current price change has pushed the stock -73.86% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the TPIC stock continues to rise going into the next quarter.
