Market Insight: Therealreal Inc (REAL)’s Notable Drop, Closing at 3.45

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In the latest session, Therealreal Inc (NASDAQ: REAL) closed at $3.45 down -0.29% from its previous closing price of $3.46. In other words, the price has decreased by -$0.29 from its previous closing price. On the day, 1.14 million shares were traded. REAL stock price reached its highest trading level at $3.485 during the session, while it also had its lowest trading level at $3.32.

Ratios:

For a deeper understanding of Therealreal Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.05 and its Current Ratio is at 1.16.

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, Robert W. Baird on January 04, 2024, Downgraded its rating to Neutral and sets its target price to $2.75 from $3.25 previously.

On June 29, 2023, BofA Securities Upgraded its rating to Buy which previously was Underperform and also upped its target price recommendation from $1 to $1.85.

Wells Fargo Downgraded its Overweight to Equal Weight on January 06, 2023, whereas the target price for the stock was revised from $5 to $2.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jun 12 ’24 when Leondakis Niki sold 59,474 shares for $3.62 per share. The transaction valued at 215,296 led to the insider holds 125,713 shares of the business.

KROLIK ROBERT J sold 29,737 shares of REAL for $109,135 on Jun 12 ’24. The Director now owns 139,407 shares after completing the transaction at $3.67 per share. On Jun 12 ’24, another insider, MELTON CAROL A, who serves as the Director of the company, sold 28,000 shares for $3.66 each. As a result, the insider received 102,480 and left with 157,187 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, REAL now has a Market Capitalization of 366652192 and an Enterprise Value of 755163712. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.66. Its current Enterprise Value per Revenue stands at 1.37 whereas that against EBITDA is -12.251.

Stock Price History:

The Beta on a monthly basis for REAL is 2.91, which has changed by 0.35826766 over the last 52 weeks, in comparison to a change of 0.21656322 over the same period for the S&P500. Over the past 52 weeks, REAL has reached a high of $4.64, while it has fallen to a 52-week low of $1.26. The 50-Day Moving Average of the stock is -6.45%, while the 200-Day Moving Average is calculated to be 25.81%.

Shares Statistics:

For the past three months, REAL has traded an average of 2.31M shares per day and 1551090 over the past ten days. A total of 104.67M shares are outstanding, with a floating share count of 84.31M. Insiders hold about 20.44% of the company’s shares, while institutions hold 58.36% stake in the company. Shares short for REAL as of 1719532800 were 16096917 with a Short Ratio of 6.97, compared to 1717113600 on 14932156. Therefore, it implies a Short% of Shares Outstanding of 16096917 and a Short% of Float of 16.600001.

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