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The closing price of ThredUp Inc (NASDAQ: TDUP) was $0.89 for the day, down -5.73% from the previous closing price of $0.94. In other words, the price has decreased by -$5.73 from its previous closing price. On the day, 0.67 million shares were traded. TDUP stock price reached its highest trading level at $0.9396 during the session, while it also had its lowest trading level at $0.8869.
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 0.92 and its Current Ratio is at 1.06. In the meantime, Its Debt-to-Equity ratio is 0.90 whereas as Long-Term Debt/Eq ratio is at 0.79.
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 this company, Telsey Advisory Group on May 07, 2024, Reiterated its Outperform rating but revised its target price to $3 from $4 previously.
On July 22, 2022, Piper Sandler Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation 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 Sep 12 ’24 when Paransky Noam bought 40,008 shares for $0.81 per share. The transaction valued at 32,407 led to the insider holds 586,452 shares of the business.
Friedman Ian bought 50,000 shares of TDUP for $39,985 on Sep 06 ’24. The Director now owns 285,748 shares after completing the transaction at $0.80 per share. On Sep 09 ’24, another insider, Friedman Ian, who serves as the Director of the company, bought 25,000 shares for $0.72 each. As a result, the insider paid 17,990 and bolstered with 310,748 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 99718600 and an Enterprise Value of 121946392. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.31 while its Price-to-Book (P/B) ratio in mrq is 1.15. Its current Enterprise Value per Revenue stands at 0.378 whereas that against EBITDA is -2.776.
Stock Price History:
Over the past 52 weeks, TDUP has reached a high of $4.14, while it has fallen to a 52-week low of $0.61. The 50-Day Moving Average of the stock is -26.69%, while the 200-Day Moving Average is calculated to be -50.10%.
Shares Statistics:
TDUP traded an average of 785.86K shares per day over the past three months and 493300 shares per day over the past ten days. A total of 112.44M shares are outstanding, with a floating share count of 79.02M. Insiders hold about 29.72% of the company’s shares, while institutions hold 53.16% stake in the company. Shares short for TDUP as of 1724976000 were 4863654 with a Short Ratio of 6.19, compared to 1722384000 on 5560943. Therefore, it implies a Short% of Shares Outstanding of 4863654 and a Short% of Float of 6.6300004999999995.
