Is Twilio Inc (NYSE: TWLO) A Good Pick For New Investors Now?

Twilio Inc (NYSE:TWLO) shares, rose in value on Thursday, April 25, with the stock price down by -2.98% to the previous day’s close as strong demand from buyers drove the stock to $59.16.

Actively observing the price movement in the recent trading, the stock is buoying the session at $60.98. Referring to stock’s 52-week performance, its high was $78.16, and the low was $45.02. On the whole, TWLO has fluctuated by -2.55% over the past month.

Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 4.37B, with a low estimate of 1.03B and a high estimate of 1.05B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.03B.

Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that TWLO’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 50% Sell.

The stock’s technical analysis shows that the PEG ratio is about 0, with the price of TWLO currently trading nearly -1.92% and -2.25% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 44.75, while the 7-day volatility ratio is showing 2.27% which for the 30-day chart, stands at 2.28%. Furthermore, Twilio Inc (TWLO)’s beta value is 1.32, and its average true range (ATR) is 1.58.

A comparison of Twilio Inc (TWLO) with its peers suggests the former has fared considerably weaker in the market. TWLO showed an intraday change of -2.98% in today’s session so far, and over the past year, it grew by 12.19%%.

Data on historical trading for Twilio Inc (NYSE:TWLO) indicates that the trading volumes over the past 3 months, they’ve averaged 3.47 million. According to company’s latest data on outstanding shares, there are 181.95 million shares outstanding.

Nearly 7.17% of Twilio Inc’s shares belong to company insiders and institutional investors own 76.66% of the company’s shares. The stock has fallen by -22.02% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the TWLO stock heading into the next quarter.

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