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The closing price of ThredUp Inc (NASDAQ: TDUP) was $0.64 for the day, down -5.77% from the previous closing price of $0.68. In other words, the price has decreased by -$5.77 from its previous closing price. On the day, 0.74 million shares were traded. TDUP stock price reached its highest trading level at $0.71 during the session, while it also had its lowest trading level at $0.642.
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 Jul 30 ’24 when Nakache Patricia sold 63,933 shares for $2.05 per share. The transaction valued at 131,063 led to the insider holds 0 shares of the business.
Nakache Patricia sold 45,465 shares of TDUP for $93,658 on Jul 29 ’24. The Director now owns 0 shares after completing the transaction at $2.06 per share. On Jul 26 ’24, another insider, Nakache Patricia, who serves as the Director of the company, sold 20,000 shares for $2.09 each. As a result, the insider received 41,800 and left with 0 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 72340680 and an Enterprise Value of 94568528. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.22 while its Price-to-Book (P/B) ratio in mrq is 0.84. Its current Enterprise Value per Revenue stands at 0.293 whereas that against EBITDA is -2.153.
Stock Price History:
Over the past 52 weeks, TDUP has reached a high of $4.21, while it has fallen to a 52-week low of $0.61. The 50-Day Moving Average of the stock is -60.87%, while the 200-Day Moving Average is calculated to be -67.19%.
Shares Statistics:
TDUP traded an average of 714.60K shares per day over the past three months and 2380390 shares per day over the past ten days. A total of 112.44M shares are outstanding, with a floating share count of 79.71M. Insiders hold about 29.10% of the company’s shares, while institutions hold 53.16% stake in the company. Shares short for TDUP as of 1722384000 were 5560943 with a Short Ratio of 7.78, compared to 1719532800 on 5489978. Therefore, it implies a Short% of Shares Outstanding of 5560943 and a Short% of Float of 7.580000000000001.
