Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
After finishing at $1.46 in the prior trading day, ThredUp Inc (NASDAQ: TDUP) closed at $1.39, down -4.79%. In other words, the price has decreased by -$4.79 from its previous closing price. On the day, 0.79 million shares were traded. TDUP stock price reached its highest trading level at $1.475 during the session, while it also had its lowest trading level at $1.375.
Ratios:
Our goal is to gain a better understanding of TDUP by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.86 and its Current Ratio is at 0.96. In the meantime, Its Debt-to-Equity ratio is 1.09 whereas as Long-Term Debt/Eq ratio is at 0.96.
On May 07, 2024, Telsey Advisory Group reiterated its Outperform rating and also upped its target price recommendation from $4 to $3.
Piper Sandler Downgraded its Overweight to Neutral on July 22, 2022, whereas the target price for the stock was revised from $12 to $3.50.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 09 ’24 when Nakache Patricia sold 41,676 shares for $1.77 per share. The transaction valued at 73,767 led to the insider holds 0 shares of the business.
Nakache Patricia sold 4,600 shares of TDUP for $8,142 on Dec 04 ’24. The Director now owns 124 shares after completing the transaction at $1.77 per share. On Dec 05 ’24, another insider, Nakache Patricia, who serves as the Director of the company, sold 3,204 shares for $1.77 each. As a result, the insider received 5,671 and left with 107 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 158123616 and an Enterprise Value of 178396080. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.48 while its Price-to-Book (P/B) ratio in mrq is 2.28. Its current Enterprise Value per Revenue stands at 0.569 whereas that against EBITDA is -4.303.
Stock Price History:
Over the past 52 weeks, TDUP has reached a high of $2.42, while it has fallen to a 52-week low of $0.50. The 50-Day Moving Average of the stock is 14.42%, while the 200-Day Moving Average is calculated to be -1.57%.
Shares Statistics:
The stock has traded on average 852.37K shares per day over the past 3-months and 473580 shares per day over the last 10 days, according to various share statistics. A total of 85.66M shares are outstanding, with a floating share count of 80.92M. Insiders hold about 28.87% of the company’s shares, while institutions hold 48.15% stake in the company. Shares short for TDUP as of 1734048000 were 3969688 with a Short Ratio of 4.66, compared to 1731628800 on 3747914. Therefore, it implies a Short% of Shares Outstanding of 3969688 and a Short% of Float of 5.3100000000000005.
