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The price of Upstart Holdings Inc (NASDAQ: UPST) closed at $48.48 in the last session, down -0.41% from day before closing price of $48.68. In other words, the price has decreased by -$0.41 from its previous closing price. On the day, 3.71 million shares were traded. UPST stock price reached its highest trading level at $50.0 during the session, while it also had its lowest trading level at $47.62.
Ratios:
We take a closer look at UPST’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 4.29 and its Current Ratio is at 4.29. In the meantime, Its Debt-to-Equity ratio is 1.82 whereas as Long-Term Debt/Eq ratio is at 1.81.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Wedbush on October 14, 2024, Upgraded its rating to Neutral and sets its target price to $45 from $10 previously.
On August 07, 2024, Citigroup Upgraded its rating to Neutral which previously was Sell and also upped its target price recommendation from $15 to $33.
Mizuho Upgraded its Underperform to Outperform on July 31, 2024, whereas the target price for the stock was revised from $17 to $31.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 01 ’24 when Darling Scott bought 10,891 shares for $48.42 per share.
Datta Sanjay sold 1,500 shares of UPST for $77,550 on Oct 28 ’24. The Chief Financial Officer now owns 334,093 shares after completing the transaction at $51.70 per share. On Oct 28 ’24, another insider, Datta Sanjay, who serves as the Officer of the company, bought 1,500 shares for $51.70 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, UPST now has a Market Capitalization of 4339619328 and an Enterprise Value of 5047580672. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.15 while its Price-to-Book (P/B) ratio in mrq is 7.26. Its current Enterprise Value per Revenue stands at 8.764 whereas that against EBITDA is -35.019.
Stock Price History:
Over the past 52 weeks, UPST has reached a high of $57.40, while it has fallen to a 52-week low of $19.84. The 50-Day Moving Average of the stock is 12.48%, while the 200-Day Moving Average is calculated to be 56.50%.
Shares Statistics:
According to the various share statistics, UPST traded on average about 8.02M shares per day over the past 3-months and 5042520 shares per day over the past 10 days. A total of 86.33M shares are outstanding, with a floating share count of 77.22M. Insiders hold about 13.74% of the company’s shares, while institutions hold 44.09% stake in the company. Shares short for UPST as of 1728950400 were 24660306 with a Short Ratio of 3.07, compared to 1726185600 on 23161862. Therefore, it implies a Short% of Shares Outstanding of 24660306 and a Short% of Float of 31.620002000000003.
