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Investing in Twist Bioscience Corp (TWST): What You Must Know

In a filing, Twist Bioscience Corp revealed its Officer Leproust Emily M. acquired Company’s shares for reported $24893.0 on Jan 03 ’25. In the deal valued at $45.59 per share,546 shares were bought.

Then, Cho Dennis bought 144 shares, generating $6,565 in total proceeds.

Before that, Green Paula bought 160 shares. Twist Bioscience Corp shares valued at $7,295 were divested by the Officer at a price of $45.59 per share.

Wolfe Research initiated its Twist Bioscience Corp [TWST] rating to an Outperform in a research note published on December 13, 2024; the price target was $60. A number of analysts have revised their coverage, including Guggenheim’s analysts, who began to cover the stock in early June with a ‘”a Buy”‘ rating. Goldman also remained covering TWST and has increased its forecast on January 17, 2024 with a “Buy” recommendation from previously “Neutral” rating. Berenberg started covering the stock on September 27, 2023. It rated TWST as “a Buy”.

Price Performance Review of TWST

On Friday, Twist Bioscience Corp [NASDAQ:TWST] saw its stock jump 4.46% to $47.33. Over the last five days, the stock has lost -3.85%. Twist Bioscience Corp shares have risen nearly 1.85% since the year began. Nevertheless, the stocks have risen 45.50% over the past one year. While a 52-week high of $60.90 was reached on 01/03/25, a 52-week low of $27.41 was recorded on 01/02/25. SMA at 50 days reached $45.60, while 200 days put it at $44.21.

Levels Of Support And Resistance For TWST Stock

The 24-hour chart illustrates a support level at 45.67, which if violated will result in even more drops to 44.01. On the upside, there is a resistance level at 48.42. A further resistance level may holdings at 49.50. The Relative Strength Index (RSI) on the 14-day chart is 50.45, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.86, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 35.28%. Stochastics %K at 44.88% indicates the stock is a holding.

How much short interest is there in Twist Bioscience Corp?

A steep rise in short interest was recorded in Twist Bioscience Corp stocks on 2024-10-31, growing by 0.32 million shares to a total of 9.02 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 8.7 million shares. There was a rise of 3.53%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on January 05, 2023 when Scotiabank began covering the stock and recommended ‘”a Sector outperform”‘ rating along with a $33 price target.

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