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As of close of business last night, Upstart Holdings Inc’s stock clocked out at $41.30, up 6.06% from its previous closing price of $38.94. In other words, the price has increased by $6.06 from its previous closing price. On the day, 7.91 million shares were traded. UPST stock price reached its highest trading level at $41.5 during the session, while it also had its lowest trading level at $37.97.
Ratios:
To gain a deeper understanding of UPST’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.29 and its Current Ratio is at 4.29. In the meantime, Its Debt-to-Equity ratio is 1.82 whereas as Long-Term Debt/Eq ratio is at 1.81.
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, Citigroup on August 07, 2024, Upgraded its rating to Neutral and sets its target price to $33 from $15 previously.
On July 31, 2024, Mizuho Upgraded its rating to Outperform which previously was Underperform and also upped its target price recommendation from $17 to $31.
On June 07, 2024, BTIG Research started tracking the stock assigning a Sell rating and target price of $14.BTIG Research initiated its Sell rating on June 07, 2024, with a $14 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Oct 04 ’24 when Gu Paul bought 8,800 shares for $40.10 per share.
Darling Scott bought 1,300 shares of UPST for $52,012 on Oct 04 ’24. On Oct 01 ’24, another insider, Darling Scott, who serves as the Chief Legal Officer of the company, sold 6,200 shares for $39.67 each. As a result, the insider received 245,951 and left with 161,043 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, UPST now has a Market Capitalization of 3696911616 and an Enterprise Value of 4404873216. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.97 while its Price-to-Book (P/B) ratio in mrq is 6.19. Its current Enterprise Value per Revenue stands at 7.648 whereas that against EBITDA is -30.56.
Stock Price History:
Over the past 52 weeks, UPST has reached a high of $49.62, while it has fallen to a 52-week low of $19.84. The 50-Day Moving Average of the stock is 14.94%, while the 200-Day Moving Average is calculated to be 38.32%.
Shares Statistics:
It appears that UPST traded 7.73M shares on average per day over the past three months and 6539240 shares per day over the past ten days. A total of 86.33M shares are outstanding, with a floating share count of 77.20M. Insiders hold about 13.75% of the company’s shares, while institutions hold 43.96% stake in the company. Shares short for UPST as of 1726185600 were 23161862 with a Short Ratio of 3.00, compared to 1723680000 on 23473588. Therefore, it implies a Short% of Shares Outstanding of 23161862 and a Short% of Float of 29.700001999999998.
