Market Recap: Trupanion Inc (TRUP)’s Positive Momentum, Closing at 42.80

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The closing price of Trupanion Inc (NASDAQ: TRUP) was $42.80 for the day, up 1.90% from the previous closing price of $42.00. In other words, the price has increased by $1.90 from its previous closing price. On the day, 1.79 million shares were traded. TRUP stock price reached its highest trading level at $44.65 during the session, while it also had its lowest trading level at $42.115.

Ratios:

Our analysis of TRUP’s different ratios will help us gain a deeper understanding of the company. 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:

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 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 1804610560 and an Enterprise Value of 1656304640. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.50 while its Price-to-Book (P/B) ratio in mrq is 5.90. Its current Enterprise Value per Revenue stands at 1.377 whereas that against EBITDA is -5957.93.

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 6.95%, while the 200-Day Moving Average is calculated to be 39.11%.

Shares Statistics:

TRUP traded an average of 637.81K shares per day over the past three months and 743120 shares per day over the past ten 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 90.20% stake in the company. Shares short for TRUP as of 1724976000 were 11379283 with a Short Ratio of 17.84, compared to 1722384000 on 11542911. Therefore, it implies a Short% of Shares Outstanding of 11379283 and a Short% of Float of 33.39.

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