Therealreal Inc (REAL)’s Market Momentum: Closing Strong at 2.64, Up 0.38

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As of close of business last night, Therealreal Inc’s stock clocked out at $2.64, up 0.38% from its previous closing price of $2.63. In other words, the price has increased by $0.38 from its previous closing price. On the day, 1.23 million shares were traded. REAL stock price reached its highest trading level at $2.7399 during the session, while it also had its lowest trading level at $2.625.

Ratios:

To gain a deeper understanding of REAL’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.88 and its Current Ratio is at 0.98.

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:

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 Aug 28 ’24 when KATZ KAREN bought 33,000 shares for $2.68 per share.

Lo Steve Ming sold 20,610 shares of REAL for $53,759 on Aug 20 ’24. The SVP, Chief Accounting Officer now owns 508,528 shares after completing the transaction at $2.61 per share. On Aug 20 ’24, another insider, Friang Luke Thomas, who serves as the Chief Product and Technology O of the company, sold 16,239 shares for $2.61 each. As a result, the insider received 42,358 and left with 517,598 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 286434720 and an Enterprise Value of 688780288. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.51. Its current Enterprise Value per Revenue stands at 1.218 whereas that against EBITDA is -16.759.

Stock Price History:

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 -14.85%, while the 200-Day Moving Average is calculated to be -9.83%.

Shares Statistics:

It appears that REAL traded 2.19M shares on average per day over the past three months and 1566410 shares per day over the past ten days. A total of 104.67M shares are outstanding, with a floating share count of 85.82M. Insiders hold about 20.90% of the company’s shares, while institutions hold 64.41% stake in the company. Shares short for REAL as of 1723680000 were 19869202 with a Short Ratio of 9.07, compared to 1721001600 on 18755285. Therefore, it implies a Short% of Shares Outstanding of 19869202 and a Short% of Float of 19.97.

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