Twitter (TWTR) Shares Slide to May-June Lows

Shares of Twitter (TWTR) are declining in early trading Tuesday after slumping to their May-June lows along the $36 level. The stock is edging higher from its intraday low of $35.64 to currently log almost a 2% loss. Some continuation from yesterday’s downward momentum could set it up short-term for a move into last May bearish zone of $30.50.

Twitter share price has been on an downtrend from October 8, 2014 ($55.42/shr). Despite its early price appreciation (April 7, 2015), the stock’s current standing represents a 32.60% deterioration from its high levels.

Fundamentally, TWTR shows the following financial data:

  • $3.56 billion in cash in most recent quarter
  • $5.58 billion t-12 total assets
  • $3.63 billion total equity
  • $1.59 billion t-12 revenue
  • ($577.82 million) annual net income
  • ($119.83 million) free cash flow

Currently, the equity is trading at a PEG and forward P/E of 1.63 and 53.33x, respectively. The name has a 5-year term earnings growth expectation of more than 66 percent per annum.

About Ron Haruni 1150 Articles
Ron Haruni

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