Twilio Inc (NYSE:TWLO) price on Thursday, May 09, rose 2.35% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $59.99.
A look at the stock’s price movement, the level at last check in today’s session was $58.62. Turning to its 52-week performance, $78.16 and $45.02 were the 52-week high and 52-week low respectively. Overall, TWLO moved -3.00% over the past month.
Twilio Inc’s market cap currently stands at around $10.48 billion.
Analysts have a consensus estimate of 1.06B for the company’s revenue for the quarter, with a low and high estimate of 1.05B and 1.09B respectively. The average forecast suggests up to a 2.00% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 4.34B, representing a 4.60% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that TWLO is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
TWLO’s current price about -0.56% and -1.12% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 47.15, while 7-day volatility ratio is 2.56% and 2.40% in the 30-day chart. Further, Twilio Inc (TWLO) has a beta value of 1.35, and an average true range (ATR) of 1.81.
If we refocus on Twilio Inc (NYSE:TWLO), historical trading data shows that trading volumes averaged 3.59 million over the past 3 months. The company’s latest data on shares outstanding shows there are 181.95 million shares.
The 7.17% of Twilio Inc’s shares are in the hands of company insiders while institutional holders own 73.39% of the company’s shares. Current price change has pushed the stock -20.92% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the TWLO stock continues to rise going into the next quarter.
