Twilio Inc (NYSE: TWLO) Trading under Its 20 Day MA ($61.18), Why Showing An Interesting Price Pattern?

Twilio Inc (NYSE:TWLO) does about 3.49M shares in volume on a normal day but saw 2185605 shares change hands in Friday trading. The company now has a market cap of 11.08B USD. Its current market price is $60.85, marking a decrease of -0.78% compared to the previous close of $61.33. The 52 week high reached by this stock is $78.16 whilst the lowest price level in 52 weeks is $45.02.

Twilio Inc (TWLO) has a 20-day trading average at $61.18 and the current price is -22.15% off the 52-week high compared with 35.16% distance from its 52-week low. The 50-day simple moving average of the closing price is $62.31 and its 200-day simple moving average is $63.36. If we look at the stock’s price movements over the week, volatility stands at 2.11%, which increases to 2.30% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 46.74 to suggest the stock is neutral.

The consensus objective for the share price is $70.49, suggesting that the stock has a potential upside of 13.68% over the period.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on February 15, 2024 when Northland Capital downgraded the stock to “Market Perform” and issued a price target of $66. HSBC Securities also downgraded the stock to “Reduce” from Hold on February 14, 2024 at a price target of $62-$61. Piper Sandler upgraded its price target at $75-$82.

Twilio Inc (TWLO) stock is up 1.28% over the week and -2.33% over the past month. Its price is -19.80% year-to-date and 4.68% over the past year.

To reach the target analysts have set, the stock logically needs to grow 13.68 percent from here.

The company has a return on investment of -9.36% and return on equity of -10.01%. The forward price to earnings ratio is 18.72. The beta has a value of 1.34. Price to book ratio is 1.14 and price to sales ratio is 2.67.