A new trading day began on Friday, with ThredUp Inc (NASDAQ: TDUP) stock price up 15.29% from the previous day of trading, before settling in for the closing price of $0.85. TDUP’s price has ranged from $0.61 to $4.14 over the past 52 weeks.
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Annual sales at Consumer Cyclical sector company grew by 20.31% over the past five years. Meanwhile, its annual earnings per share averaged 19.85%. With a float of $79.06 million, this company’s outstanding shares have now reached $112.44 million.
Let’s look at the performance matrix of the company that is accounted for 2377 employees. In terms of profitability, gross margin is 63.13%, operating margin of -18.88%, and the pretax margin is -19.58%.
ThredUp Inc (TDUP) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Internet Retail Industry. The insider ownership of ThredUp Inc is 29.68%, while institutional ownership is 53.16%. The most recent insider transaction that took place on Sep 12 ’24, was worth 32,407. In this transaction Director of this company bought 40,008 shares at a rate of $0.81, taking the stock ownership to the 586,452 shares. Before that another transaction happened on Sep 06 ’24, when Company’s Director bought 50,000 for $0.80, making the entire transaction worth $39,985. This insider now owns 285,748 shares in total.
ThredUp Inc (TDUP) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 19.85% per share during the next fiscal year.
ThredUp Inc (NASDAQ: TDUP) Trading Performance Indicators
Here are ThredUp Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.92. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.34.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.58, a number that is poised to hit -0.14 in the next quarter and is forecasted to reach -0.38 in one year’s time.
Technical Analysis of ThredUp Inc (TDUP)
ThredUp Inc (NASDAQ: TDUP) saw its 5-day average volume 0.54 million, a negative change from its year-to-date volume of 0.63 million. As of the previous 9 days, the stock’s Stochastic %D was 66.69%. Additionally, its Average True Range was 0.12.
During the past 100 days, ThredUp Inc’s (TDUP) raw stochastic average was set at 23.75%, which indicates a significant decrease from 97.12% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 141.57% in the past 14 days, which was lower than the 176.15% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.2717, while its 200-day Moving Average is $1.7992. Nevertheless, the first resistance level for the watch stands at $1.0387 in the near term. At $1.0974, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.2065. If the price goes on to break the first support level at $0.8709, it is likely to go to the next support level at $0.7618. Assuming the price breaks the second support level, the third support level stands at $0.7031.
ThredUp Inc (NASDAQ: TDUP) Key Stats
With a market capitalization of 110.19 million, the company has a total of 110,256K Shares Outstanding. Currently, annual sales are 322,020 K while annual income is -71,250 K. The company’s previous quarter sales were 79,760 K while its latest quarter income was -13,950 K.
