The Trans World Entertainment Corporation (TWMC) shares are trading at higher $7.08.
To add more color to this target, the company’s high over the last year is $9.72 and the low is $1.68. Over the last 52 weeks, TWMC is down -27.15% while the S&P 500 is down -2.55%. The catalyst for this interesting swing was the company’s recent earnings report.
A Notable Earnings Report
In the last quarter, TWMC reported a profit of $22.51 million. Trans World Entertainment Corporation also saw revenues increase to $100.33 million. In addition, TWMC has free cash flow of -$18.65 million as of 01-2020 The company’s EBITDA came in at -$17.09 million which compares well with its peers.
TWMC booked profit margins of 0.00%. All told, it is clear that, TWMC needs to be on your watchlist.
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Of course, we must look beyond the financials and question how well those numbers represent the sustainable earnings power of the business. Investors need to know how sustainable this current run. TWMC has a short ratio of 1.57 and outstanding shares of 1.92M.
Company Outlook
TWMC has seen increased volume after this news and investors are putting their support behind the value proposition. Furthermore, 10-day volume stands at 29370.0 and more growth is possible in the weeks ahead. Traders will also note the company’s earnings per share came in at -32.35. Trans World Entertainment Corporation TWMC also noted assets of $97.81 million at the end of the last quarter. Investors should also keep an eye on sector updates as TWMC has historically followed its peers on positive news.
All told, Trans World Entertainment Corporation TWMC has strung together solid data and demonstrated underlying fundamentals. At its current valuation, TWMC represents an interesting risk/reward case. Traders should stay tuned to see if this recent report will push the stock to test recent resistance levels.
Trans World Entertainment Corporation TWMC is now commanding a market cap of 13.60M and a float of 0.60M. TWMC is increasing its credibility in this sector and that could lead to more upside down the line. Sign-up for continuing coverage on shares of TWMC stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!
Disclosure: we hold no position in TWMC, either long or short, and we have not been compensated for this article.