Shares of Upwork slid by a staggering 27.97% in 30 days from $53.01 to $38.18 at 01:31 EST on Thursday, following the last session’s upward trend. NASDAQ Composite is sliding 2.67% to $13,031.68, after three consecutive sessions in a row of losses.
Upwork’s last close was $40.82, 67.31% under its 52-week high of $63.88.
The company’s growth estimates for the current quarter is 44.4% and a drop 50% for the next.
Year-on-year quarterly revenue growth grew by 32.2%, now sitting on 373.63M for the twelve trailing months.
Upwork’s Stock Yearly Top and Bottom Value
Upwork’s stock is valued at $38.18 at 01:31 EST, way below its 52-week high of $63.88 and way higher than its 52-week low of $6.26.
Upwork’s Moving Average
Upwork’s value is way below its 50-day moving average of $48.15 and above its 200-day moving average of $35.83.
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