2U Inc (NASDAQ: TWOU) Now $1.05 Higher From Its Low (1.81), Does It Still Have A Growth Story?

2U Inc (NASDAQ:TWOU) currently has a daily average trading volume of 3.08M but it saw 3019797 shares traded in last market. With a market cap of 8.04M USD, the company’s current market price of $2.86 came rising about 6.72 while comparing to the previous closing price of $2.68. In past 52 weeks, the stock remained buoying in the range of price level as high as $143.70 and as low as $1.05.

Taking a look at 20-day trading activity of 2U Inc (TWOU) gives us an average price of $3.78, while its current price level is -98.01% below from 52-week high level whereas it is 172.38% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $5.83 while that of 200 days or SMA-200 reads an average of $21.12. A closer look into the stock’s movement over the week reveals that its volatility is standing at 63.84% during that period while stretching the period over a month that decreases to 27.82%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 38.78 which implies that the stock is in neutral territory.

Cantor Fitzgerald downgraded its recommendation for the stock as a “Neutral” from “Overweight” on November 10, 2023 while assigning a price target range of $5.30-$1.50.

Over the week, TWOU’s stock price is moving 89.40% up while it is -36.16% when we observe its performance for the past one month. Year-to-date it is -92.25% down and over the past year, the stock is showing a downside performance of -97.85%.

Currently, 2U Inc’s total number of outstanding shares is 2.74M. Company’s return on investment (ROI) stands at -27.75% and return on equity (ROE) at -101.30%. It has a 1.94 of forward P/E ratio. Stock’s beta reads 0.80. Stock has a price to book (P/B) ratio of 0.05 while price to sale or P/S ratio amounts to 0.01. Its return on asset (ROA) is -20.15% on average.