Is Therealreal Inc’s (NASDAQ: REAL) Stock A Good Medium-Term Investment?

Therealreal Inc (NASDAQ:REAL) price closed lower on Friday, April 12, dropping -6.07% below its previous close.

A look at the daily price movement shows that the last close reads $3.46. The company’s 5Y monthly beta was ticking 2.99. Taking into account the 52-week price action we note that the stock hit a 52-week high of $4.10 and 52-week low of $1.00. Therealreal Inc, which has a market valuation of $340.24 million, is expected to release its quarterly earnings report May 07, 2024.

Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give REAL a short term outlook of 50% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Buy, while an average of long term indicators are currently assigning the stock as 100% Buy.

The overview shows that REAL’s price is at present -8.04% off the SMA20 and 16.65% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 47.20, with weekly volatility standing at 5.94%. The indicator jumps to 6.70% when calculated based on the past 30 days. Therealreal Inc (NASDAQ:REAL)’s beta value is holding at 3.00, while the average true range (ATR) indicator is currently reading 0.25. An analysis of the Therealreal Inc (NASDAQ:REAL) stock in terms of its daily trading volume indicates that the 3-month average is 3.72 million.

Current records show that the company has 104.67M in outstanding shares. The insiders’ percentage holdings are 22.91% of outstanding shares while the percentage share held by institutions stands at 51.78%. But the 61.69% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.

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