Will current price volatility hamper Upwork Inc. (UPWK) future potential?
Upwork Inc. (NASDAQ:UPWK) has a beta value of 0 and has seen 1,193,945 shares traded in the last trading session. The company, currently valued at $7.36 Billion, closed the last trade at $58.36 per share which meant it lost -$0.09 on the day or -0.15% during that session. The UPWK stock price is -9.46% off its 52-week high price of $63.88 and 77.79% above the 52-week low of $12.96. If we look at the companys 10-day average daily trading volume, we find that it stood at 1.37 Million shares traded. The 3-month trading volume is 1.56 Million shares. The consensus among analysts is that Upwork Inc. (UPWK) is a Buy stock at the moment, with a recommendation rating of 1.7. None of the analysts rate the stock as a Sell, while none rate it as Overweight. 1 out of 6 have rated it as a Hold, with 5 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is -$0.09. Upwork Inc. (NASDAQ:UPWK) trade information  Despite being -0.15% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on Tuesday, Jun 29 when the UPWK stock price touched $61.21- or saw a rise of 4.66%. Year-to-date, Upwork Inc. shares have moved 69.06%, while the 5-day performance has seen it change 1.87%. Over the past 30 days, the shares of Upwork Inc. (NASDAQ:UPWK) have changed 25.91%. Short interest in the company has seen 4.9 Million shares shorted with days to cover at 3.14. Wall Street analysts have a consensus price target for the stock at $65.33, which means that the shares value could jump 11.94% from current levels. The projected low price target is $48 while the price target rests at a high of $77. In that case, then, we find that the current price level is +31.94% off the targeted high while a plunge would see the stock lose -17.75% from current levels. Upwork Inc. (UPWK) estimates and forecasts  Earnings growth for 2021 is a modest -27% while over the next 5 years, the companys earnings are expected to increase by -0.04%. Upwork Inc. (NASDAQ:UPWK)s Major holders  Insiders own 10.02% of the company shares, while shares held by institutions stand at 68.63% with a share float percentage of 76.27%. Investors are also buoyed by the number of investors in a company, with Upwork Inc. having a total of 378 institutions that hold shares in the company. The top two institutional holders are Vanguard Group, Inc. (The) with over 9.62 Million shares worth more than $430.86 Million. As of March 30, 2021, Vanguard Group, Inc. (The) held 7.63% of shares outstanding. The other major institutional holder is Price (T.Rowe) Associates Inc, with the holding of over 7.33 Million shares as of March 30, 2021. The firms total holdings are worth over $328.25 Million and represent 5.81% of shares outstanding. 5 Stocks Under $10 That Are Poised to Take Off Investing in stocks under $10 could significantly increase the returns on your portfolio, especially if you pick the right stocks! Within this report you will find 5 top stocks that offer investors huge upside potential and the best bang for their buck. Add them to your watchlist before they take off! Get the Top 5 Stocks Now! Sponsored  Also the top two Mutual Funds that are holding companys shares are Vanguard Total Stock Market Index Fund and Vanguard Small-Cap Index Fund. As of March 30, 2021, the former fund manager holds about 2.1% shares in the company for having 2648064 shares of worth $118.55 Million while later fund manager owns 2.29 Million shares of worth $102.54 Million as of March 30, 2021, which makes it owner of about 1.82% of companys outstanding stock.