The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for 2U Inc (TWOU) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.04, or -3.33%, to $1.16. The 2U Inc has recorded 1,415,316 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that 2U, Inc. Announces Leadership Transition.
The company is listed on the NASDAQ and operates within the Education & Training Services industry segment. At the end of the last regular session, the stock closed at $1.20 and fluctuated between $1.2800 as its day high and $1.1300 as its day low. The current market capitalization of 2U Inc is $98.48M. A total of 3.59 million shares were traded on the day, compared to an average of 1.89M shares.
Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, TWOU has seen 0 BUY and 4 SELL insider trades, representing the acquisition of 0 and the disposition of 57,200 shares. Over the last 12 months, there were 19 BUYs and 16 SELLs from insiders. Insiders purchased 1,258,875 shares during that period but sold 226,353.
In the most recent transaction, McCullough Aaron bought 45,700 shares of TWOU for 3.14 per share on Aug 17. After the transaction, the CHIEF PRODUCT OFFICER now owns 348,524 company shares.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for TWOU in the last 3 months, the mean price target is $2.37 with high estimates of $4.00 and low estimates of $1.50. In terms of 52-week highs and lows, TWOU has a high of $13.15 and a low of $0.88.
As of this writing, TWOU has an earnings estimate of $0.61 per share for the current quarter. EPS was calculated based on a consensus of 9 estimates, with a high estimate of $0.7 per share and a lower estimate of $0.46. The company reported an EPS of -$0.18 in the last quarter, which was -157.10% lower than expectations of -$0.07.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. TWOU’s latest balance sheet shows that the firm has $232.93M in Cash & Short Term Investments as of fiscal 2021. There were $957.97M in debt and $333.51M in liabilities at the time. Its Book Value Per Share was $3.14, while its Total Shareholder’s Equity was $829.15M.
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for TWOU is Buy with a score of 3.45.