Therealreal Inc (NASDAQ:REAL) shares, rose in value, with the stock price down by -1.45% to the previous day’s close as strong demand from buyers drove the stock to $3.40.
Actively observing the price movement in the last trading, the stock closed the session at $3.45. Referring to stock’s 52-week performance, its high was $4.10, and the low was $1.00. On the whole, REAL has fluctuated by -7.10% over the past month.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 588.37M, with a low estimate of 136.8M and a high estimate of 145.7M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 139.85M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that REAL’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of REAL currently trading nearly -1.60% and 12.06% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 53.58, while the 7-day volatility ratio is showing 5.23% which for the 30-day chart, stands at 6.12%. Furthermore, Therealreal Inc (REAL)’s beta value is 2.99, and its average true range (ATR) is 0.22.
A comparison of Therealreal Inc (REAL) with its peers suggests the former has fared considerably weaker in the market. REAL showed an intraday change of -1.45% in last session, and over the past year, it grew by 217.76%%.
Data on historical trading for Therealreal Inc (NASDAQ:REAL) indicates that the trading volumes over the past 3 months, they’ve averaged 3.61 million. According to company’s latest data on outstanding shares, there are 104.67 million shares outstanding.
Nearly 23.20% of Therealreal Inc’s shares belong to company insiders and institutional investors own 51.63% of the company’s shares. The stock has risen by 69.15% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the REAL stock heading into the next quarter.
