Upwork Inc (UPWK) concluded trading on Wednesday at a closing price of $17.44, with 5.21 million shares of worth about $90.82 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 78.32% during that period and on February 19, 2025 the price saw a gain of about 3.38%. Currently the company’s common shares owned by public are about 135.35M shares, out of which, 122.36M shares are available for trading.
Stock saw a price change of 14.51% in past 5 days and over the past one month there was a price change of 3.26%. Year-to-date (YTD), UPWK shares are showing a performance of 6.67% which increased to 25.69% 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 2.25 million. The stock is currently trading 8.21% above its 20-day simple moving average (SMA20), while that difference is up 6.37% for SMA50 and it goes to 36.62% higher than SMA200.
Upwork Inc (NASDAQ: UPWK) currently have 135.35M outstanding shares and institutions hold larger chunk of about 81.27% of that.
The stock has a current market capitalization of $2.36B and its 3Y-monthly beta is at 1.61. PE ratio of stock for trailing 12 months is 11.38, while it has posted earnings per share of $1.53 in the same period. Its PEG reads 0.86 and has Quick Ratio of 3.39 while making debt-to-equity ratio of 0.64. 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 6.98% while standing at 5.20% over the month.
Stock’s fiscal year EPS is expected to rise by 5.63% while it is estimated to increase by 19.60% 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.
