Upwork Inc (UPWK) concluded trading on Thursday at a closing price of $16.03, with 3.15 million shares of worth about $50.47 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 38.79% during that period and on January 30, 2025 the price saw a loss of about -5.43%. Currently the company’s common shares owned by public are about 133.50M shares, out of which, 120.77M shares are available for trading.
Stock saw a price change of 2.10% in past 5 days and over the past one month there was a price change of -5.37%. Year-to-date (YTD), UPWK shares are showing a performance of -1.96% which increased to 9.87% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $8.43 but also hit the highest price of $18.14 during that period. The average intraday trading volume for Upwork Inc shares is 2.27 million. The stock is currently trading -1.60% below its 20-day simple moving average (SMA20), while that difference is down -2.65% for SMA50 and it goes to 28.56% higher than SMA200.
Upwork Inc (NASDAQ: UPWK) currently have 133.50M outstanding shares and institutions hold larger chunk of about 81.71% of that.
The stock has a current market capitalization of $2.14B and its 3Y-monthly beta is at 1.58. PE ratio of stock for trailing 12 months is 25.73, while it has posted earnings per share of $0.62 in the same period. It has Quick Ratio of 3.18 while making debt-to-equity ratio of 0.90. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for UPWK, volatility over the week remained 6.08% while standing at 4.38% over the month.
Stock’s fiscal year EPS is expected to rise by 95.59% while it is estimated to increase by 17.34% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by UBS on July 02, 2024 offering a Neutral rating for the stock and assigned a target price range of between $18 and $12 to it. Coverage by BTIG Research stated Upwork Inc (UPWK) stock as a Buy in their note to investors on May 02, 2024, suggesting a price target of $16 for the stock. On January 08, 2024, Jefferies Upgrade their recommendations, while on October 04, 2023, UBS Initiated their ratings for the stock with a price target of $13. Stock get a Neutral rating from BTIG Research on August 28, 2023.
