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The closing price of ThredUp Inc (NASDAQ: TDUP) was $1.52 for the day, down -5.00% from the previous closing price of $1.60. In other words, the price has decreased by -$5.00 from its previous closing price. On the day, 1.18 million shares were traded. TDUP stock price reached its highest trading level at $1.68 during the session, while it also had its lowest trading level at $1.52.
Ratios:
Our analysis of TDUP’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.86 and its Current Ratio is at 0.96. In the meantime, Its Debt-to-Equity ratio is 1.09 whereas as Long-Term Debt/Eq ratio is at 0.96.
On May 07, 2024, Telsey Advisory Group reiterated its Outperform rating and also upped its target price recommendation from $4 to $3.
Piper Sandler Downgraded its Overweight to Neutral on July 22, 2022, whereas the target price for the stock was revised from $12 to $3.50.
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 26 ’24 when NOVA DANIEL J bought 35,000 shares for $1.62 per share. The transaction valued at 56,644 led to the insider holds 279,033 shares of the business.
NOVA DANIEL J bought 30,000 shares of TDUP for $49,953 on Nov 25 ’24. The Director now owns 244,033 shares after completing the transaction at $1.67 per share. On Nov 22 ’24, another insider, NOVA DANIEL J, who serves as the Director of the company, bought 29,891 shares for $1.45 each. As a result, the insider paid 43,450 and bolstered with 214,033 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TDUP now has a Market Capitalization of 172912160 and an Enterprise Value of 202285184. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.55 while its Price-to-Book (P/B) ratio in mrq is 2.50. Its current Enterprise Value per Revenue stands at 0.645 whereas that against EBITDA is -4.879.
Stock Price History:
Over the past 52 weeks, TDUP has reached a high of $2.60, while it has fallen to a 52-week low of $0.50. The 50-Day Moving Average of the stock is 73.82%, while the 200-Day Moving Average is calculated to be 4.20%.
Shares Statistics:
TDUP traded an average of 818.03K shares per day over the past three months and 963690 shares per day over the past ten days. A total of 113.76M shares are outstanding, with a floating share count of 80.07M. Insiders hold about 29.61% of the company’s shares, while institutions hold 48.13% stake in the company. Shares short for TDUP as of 1730332800 were 4068005 with a Short Ratio of 4.97, compared to 1727654400 on 4434864. Therefore, it implies a Short% of Shares Outstanding of 4068005 and a Short% of Float of 5.45.
