The stock of Twilio Inc (NYSE:TWLO) is a huge mover today! The stock decreased 6.29% or $4.32 during the last trading session, hitting $64.36. About 7.82 million shares traded hands or 49.52% up from the average. Twilio Inc (NYSE:TWLO) has risen 6.00% since September 1, 2016 and is uptrending. It has underperformed by 4.42% the S&P500.
The move comes after 8 months negative chart setup for the $5.42 billion company. It was reported on Oct, 1 by Barchart.com. We have $60.50 PT which if reached, will make NYSE:TWLO worth $325.20 million less.
Analysts await Twilio Inc (TWLO) to report earnings on November, 14. After $-0.29 actual EPS reported by Twilio Inc for the previous quarter, Wall Street now forecasts -48.28% EPS growth.
According to Zacks Investment Research, “Twilio Inc. provides Cloud Communications Platforms. The Company enables developers to build, scale and operate real-time communications within software applications. Its Programmable Communications Cloud software enables developers to embed voice, messaging, video and authentication capabilities. The Super Network is the software layer which allows its customers’ software to communicate with connected devices globally. Twilio Inc. is based in SAN FRANCISCO, United States.”
More recent Twilio Inc (NYSE:TWLO) news were published by: Investorplace.com which released: “Twilio Inc’s Meteoric Rise Will Eventually Burn Out (TWLO)” on September 28, 2016. Also Profitconfidential.com published the news titled: “Twilio Inc: It’s Only the Beginning & TWLO Stock is Winning” on September 23, 2016. Investorplace.com‘s news article titled: “Twilio Inc (TWLO) Is on Fire! Try Not to Get Burnt” with publication date: September 22, 2016 was also an interesting one.
TWLO Company Profile
Twilio Inc. offers Cloud Communications Platforms. The Firm enables developers to build, scale and operate real-time communications within software applications. The Company’s Programmable Communications Cloud software enables developers to embed voice, messaging, video and authentication capabilities into their applications via its Application Programming Interfaces (APIs). The Super Network is the Company’s software layer that allows its customers’ software to communicate with connected devices globally. It interconnects with communications networks around the world and continually analyzes data to optimize the quality and cost of communications that flow through its platform. The Company’s Programmable Communications Cloud consists of software products that can be used individually or in combination to build rich contextual communications within applications. The Programmable Communications Cloud includes Programmable Voice; Programmable Messaging; Programmable Video; Use Case APIs, and Add-on Marketplace.
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