The latest trade, Performances and Moving Averages give us the following Picture
The share price of TuSimple Holdings Inc. (NASDAQ:TSP) raised 12.93% to close Wednesday’s market session at $38.00, higher as compared to yesterday’s close. The stock price fluctuated between $33.76 and $39.51 throughout the trading session with the volume trading being 6035502 shares, which represented a significant variation when compared to the three months average volume of 9.46 million shares. TSP stock is trading at a margin of 2.33%, 2.33% and 2.33% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
As of the close of trading, TSP deals in the Industrials domain. The stock is trading -8.43 percent below its 52-week high and 18.27 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is null. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.
What Does TuSimple Holdings Inc.’s Profitability and Valuation Ratios Tell Us About the Stock?
The stock’s market cap achieved a total value of $7.15 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 3881.71 that mirrors the cost to be found for sales by the market.
Is Insider Trading a Real Thing?
Francis Karen C, the Director at TuSimple Holdings Inc. (TSP) has bought 7,142 shares of firm on Apr 19 at a price of $40.00 against the total amount of $0.29 million. In another inside trade, Dillon Patrick, Chief Financial Officer of TuSimple Holdings Inc. (NASDAQ:TSP) bought 2,500 shares of the firm on Apr 19 for a total worth of $100000.0 at a price of $40.00. An inside trade which took place on Apr 19, Director of TuSimple Holdings Inc. CHAO CHARLES GUOWEI sold 6,756,756 shares of firm against total price of $270.27 million at the cost of $40.00 per share.