Daily Market Movement: Upstart Holdings Inc (UPST) Sees a -10.39 Decrease, Closing at 69.43

Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The closing price of Upstart Holdings Inc (NASDAQ: UPST) was $69.43 for the day, down -10.39% from the previous closing price of $77.48. In other words, the price has decreased by -$10.39 from its previous closing price. On the day, 19.33 million shares were traded. UPST stock price reached its highest trading level at $72.35 during the session, while it also had its lowest trading level at $65.15.

Ratios:

Our analysis of UPST’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.66 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 41.54. For the most recent quarter (mrq), Quick Ratio is recorded 4.26 and its Current Ratio is at 4.26. In the meantime, Its Debt-to-Equity ratio is 1.75 whereas as Long-Term Debt/Eq ratio is at 1.74.

On November 08, 2024, Piper Sandler Upgraded its rating to Overweight which previously was Neutral and also upped its target price recommendation from $31 to $85.

JP Morgan Upgraded its Underweight to Neutral on November 08, 2024, whereas the target price for the stock was revised from $30 to $45.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 08 ’24 when Girouard Dave sold 41,667 shares for $65.15 per share. The transaction valued at 2,714,455 led to the insider holds 61,512 shares of the business.

Datta Sanjay bought 1,500 shares of UPST for $119,310 on Nov 11 ’24. On Nov 08 ’24, another insider, Girouard Dave, who serves as the Officer of the company, bought 41,667 shares for $65.15 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 6333960192 and an Enterprise Value of 7664123392. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.35 while its Price-to-Book (P/B) ratio in mrq is 10.61. Its current Enterprise Value per Revenue stands at 12.669 whereas that against EBITDA is -53.377.

Stock Price History:

Over the past 52 weeks, UPST has reached a high of $86.07, while it has fallen to a 52-week low of $20.25. The 50-Day Moving Average of the stock is 51.24%, while the 200-Day Moving Average is calculated to be 117.25%.

Shares Statistics:

UPST traded an average of 7.78M shares per day over the past three months and 10444300 shares per day over the past ten 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 45.51% stake in the company. Shares short for UPST as of 1728950400 were 24660306 with a Short Ratio of 2.89, compared to 1726185600 on 23161862. Therefore, it implies a Short% of Shares Outstanding of 24660306 and a Short% of Float of 31.620002000000003.

Most Popular