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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.