The trading price of ThredUp Inc (NASDAQ:TDUP) floating higher at last check on Wednesday, April 24, closing at $1.56, 0.32% higher than its previous close.
In examining the 52-week price action we see that the stock hit a 52-week high of $4.39 and a 52-week low of $1.51. Over the past month, the stock has lost -19.59% in value.
ThredUp Inc, whose market valuation is $169.79 million at the time of this writing. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by -0.14 per share this quarter, however they have predicted annual earnings per share of -0.45 for current year and -0.33 for next year.
Analysts have forecast the company to bring in revenue of 80.16M for the current quarter, with the likely lows of 79M and highs of 80.92M. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue is 344.27M.
On the technical side, indicators suggest TDUP has a 100% Sell on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Sell, while an average of long term indicators suggests that the stock is currently 100% Sell.
A quick review shows that TDUP’s price is currently -10.41% off the SMA20 and -17.00% off the SMA50. The RSI metric on the 14-day chart is currently showing 32.44, and weekly volatility stands at 3.96%. When measured over the past 30 days, the indicator reaches 4.42%. ThredUp Inc (NASDAQ:TDUP)’s beta value is currently sitting at 0.71, while the Average True Range indicator is currently displaying 0.08.
To see how ThredUp Inc stock has been performing today in comparison to its peers in the industry, here are the numbers: TDUP stock’s performance was 0.32% at last check in today’s session, and -43.99% in the past year.
An evaluation of the daily trading volume of ThredUp Inc (NASDAQ:TDUP) indicates that the 3-month average is 549.94K.
Currently, records show that 78.83 million of the company’s shares remain outstanding. The insiders hold 30.59% of outstanding shares, whereas institutions hold 60.57%. However, since the stock’s price has seen -30.67% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
