Market Highlights: Trupanion Inc (TRUP) Ends on a High Note at 47.06

In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.

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 price of Trupanion Inc (NASDAQ: TRUP) closed at $47.06 in the last session, up 0.79% from day before closing price of $46.69. In other words, the price has increased by $0.79 from its previous closing price. On the day, 0.55 million shares were traded. TRUP stock price reached its highest trading level at $47.81 during the session, while it also had its lowest trading level at $46.0875.

Ratios:

We take a closer look at TRUP’s different ratios to gain a better understanding of the stock. In the meantime, Its Debt-to-Equity ratio is 0.42 whereas as Long-Term Debt/Eq ratio is at 0.42.

On May 16, 2024, BofA Securities Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $35 to $49.

BofA Securities Downgraded its Buy to Neutral on May 08, 2023, whereas the target price for the stock was revised from $72 to $32.

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 Aug 28 ’24 when Tooth Margaret sold 7,500 shares for $46.48 per share. The transaction valued at 348,600 led to the insider holds 99,984 shares of the business.

Tooth Margaret bought 7,500 shares of TRUP for $354,075 on Aug 28 ’24. On Aug 26 ’24, another insider, Qureshi Fawwad, who serves as the Chief Financial Officer of the company, sold 624 shares for $46.54 each. As a result, the insider received 29,041 and left with 0 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, TRUP now has a Market Capitalization of 1984228480 and an Enterprise Value of 1820321664. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.65 while its Price-to-Book (P/B) ratio in mrq is 6.49. Its current Enterprise Value per Revenue stands at 1.514 whereas that against EBITDA is -6547.92.

Stock Price History:

Over the past 52 weeks, TRUP has reached a high of $49.14, while it has fallen to a 52-week low of $19.14. The 50-Day Moving Average of the stock is 10.34%, while the 200-Day Moving Average is calculated to be 48.53%.

Shares Statistics:

According to the various share statistics, TRUP traded on average about 641.44K shares per day over the past 3-months and 468860 shares per day over the past 10 days. A total of 41.86M shares are outstanding, with a floating share count of 29.83M. Insiders hold about 29.25% of the company’s shares, while institutions hold 90.11% stake in the company. Shares short for TRUP as of 1727654400 were 10395317 with a Short Ratio of 16.21, compared to 1724976000 on 11379283. Therefore, it implies a Short% of Shares Outstanding of 10395317 and a Short% of Float of 30.5.

Most Popular