Hostess Brands Inc. (NASDAQ:TWNK) finished Friday with a subtraction of -$0.11 to close at $22.44, a downside of -0.49 percent. An average of 637,180 shares of common stock have been traded in the last five days. There was a fall of -$0.47 in the past week, and it reached a new high 27 times over the past 12 months. The last 20 days have seen an average of 1,297,775 shares traded, while the 50-day average volume stands at 1,161,240.
TWNK stock has decreased by -15.00% in the last month. The company shares reached their 1-month lowest point of $22.27 on 12/30/22. With the stock rallying to its 52-week high on 11/09/22, shares of the company touched a low of $18.97 and a high of $29.00 in 52 weeks. It has reached a new high 26 times so far this year and achieved 9.89% or $2.02 in price. In spite of this, the price is down -22.62% from the 52-week high.
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TWNK stock investors should be aware that Hostess Brands Inc. (TWNK) stock had its last reported insider trading activity 218 days ago on May 27. In this transaction, the insider spent $150,975., Cramer Michael John, disposed of 25,000 shares at a price of $22.15 on May 11. The insider now owns more than $553,830 worth of shares.
Hostess Brands Inc. (TWNK) has a trailing price-to-earnings (P/E) ratio of 18.51. The stock’s beta is 0.60. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 2.27, the price-to-book (PB) ratio at 1.70, and the price-to-cash flow ratio at 21.79.
The quick ratio of Hostess Brands Inc. for the three months ended June 29 was 1.80, and the current ratio was 2.10, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.61 and a total debt to equity ratio of 0.61 for the quarter ending June 29. Its gross profit as reported stood at $409.98 million compared to revenue of $1.14 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Hostess Brands Inc.’s return on assets was 4.70%.
For the three-month period that ended June 29, Hostess Brands Inc. had $41.89 million in cash and short-term investments compared to $1.09 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $66.27 million in the quarter, while revenues were grew 60.48%. The analyst consensus anticipated Hostess Brands Inc.’s latest quarter earnings to come in at $0.22 per share, but it turned out to be $0.22, a 0.00% surprise. For the quarter, EBITDA amounted to $71.24 million. Shareholders own equity worth $133.89 million.
From a technical analysis perspective, let’s take a brief look at Hostess Brands Inc. (TWNK) price momentum. RSI 9-day as of the close on 30 December was 20.52%, suggesting the stock is oversold, with historical volatility in this time frame at 15.37%.
As of today, TWNK’s price is $22.72 -2.05% or -$0.47 from its 5-day moving average. TWNK is currently trading -13.49% lower than its 20-day SMA and +1.04% higher than its 100-day SMA. However, the stock’s current price level is -8.48% below the SMA50 and +8.25% above the SMA200.
The stochastic %K and %D were 4.99% and 7.71%, respectively, and the average true range (ATR) was 0.51. With the 14-day stochastic at 6.28% and the average true range at 0.57, the RSI (14) stands at 26.48%. The stock has reached -0.32 on the 9-day MACD Oscillator while the 14-day reading was at -0.70.
Morgan Stanley downgraded Hostess Brands Inc. (NASDAQ: TWNK) to a an Equal-weight rating in its most recent analyst report. Previously, the stock was rated as an Overweight.