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The closing price of Upstart Holdings Inc (NASDAQ: UPST) was $40.85 for the day, down -0.10% from the previous closing price of $40.89. In other words, the price has decreased by -$0.10 from its previous closing price. On the day, 6.77 million shares were traded. UPST stock price reached its highest trading level at $42.54 during the session, while it also had its lowest trading level at $39.72.
Ratios:
Our analysis of UPST’s different ratios will help us gain a deeper understanding of the company. 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:
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 23 ’24 when Datta Sanjay sold 1,500 shares for $40.00 per share. The transaction valued at 60,000 led to the insider holds 341,593 shares of the business.
Datta Sanjay bought 1,500 shares of UPST for $60,000 on Sep 23 ’24. On Sep 16 ’24, another insider, Datta Sanjay, who serves as the Chief Financial Officer of the company, sold 1,500 shares for $34.42 each. As a result, the insider received 51,630 and left with 343,093 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 3656630528 and an Enterprise Value of 4364592128. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.90 while its Price-to-Book (P/B) ratio in mrq is 6.12. Its current Enterprise Value per Revenue stands at 7.578 whereas that against EBITDA is -30.28.
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 17.61%, while the 200-Day Moving Average is calculated to be 36.65%.
Shares Statistics:
UPST traded an average of 7.57M shares per day over the past three months and 10067390 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 13.76% of the company’s shares, while institutions hold 44.27% stake in the company. Shares short for UPST as of 1726185600 were 23161862 with a Short Ratio of 3.06, compared to 1723680000 on 23473588. Therefore, it implies a Short% of Shares Outstanding of 23161862 and a Short% of Float of 29.700001999999998.
