TWIN Stock Summary and Trading Ideas (Twin Disc | NASDAQ:TWIN)

Twin Disc Inc is a United States-based firm engaged in the manufacture and sale of marine and heavy-duty off-highway power transmission equipment. The company operates its business through two reportable segments: Manufacturing and Distribution. Its products portfolio includes marine transmissions, surface drives, propellers, and boat management systems as well as power-shift transmissions, hydraulic torque converters, power take-offs, industrial clutches, and control systems.

Twin Disc trades on the NASDAQ stock market under the symbol TWIN.

As of May 9, 2024, TWIN stock price declined to $15.38 with 34,183 million shares trading.

TWIN has a beta of -0.14, meaning it tends to be less sensitive to market movements. TWIN has a correlation of 0.00 to the broad based SPY ETF.

TWIN has a market cap of $215.25 million. This is considered a Small Cap stock.

In the last 3 years, TWIN stock traded as high as $18.20 and as low as $7.91.

The top ETF exchange traded funds that TWIN belongs to (by Net Assets): VTI, VXF, DES, DFAT, DFAS.

TWIN has outperformed the market in the last year with a return of +27.7%, while the SPY ETF gained +27.7%. However, in the most recent history, TWIN shares have underperformed the stock market with its stock returning -0.3% in the last 3 month period and -6.8% for the last 2 week period, while SPY has returned +4.7% and +2.9%, respectively.

TWIN support price is $15.22 and resistance is $16.10 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TWIN stock will trade within this expected range on the day.