As of Wednesday close, ThredUp Inc.’s (NASDAQ:TDUP) stock was up $0.03, moving up 2.46 percent to $1.25. The average number of shares traded per day over the past five days has been 815,320 shares. 1 time new highs have been achieved over the past 5 days, with a $0.0400 gain in that time frame. In the last twenty days, the average volume was 1,429,535, while in the previous 50 days, it was 1,147,750.
Since last month, TDUP stock retreated -3.10%. Shares of the company fell to $0.7305 on 11/11/22, the lowest level in the past month. A 52-week high of $19.70 was reached on 01/03/22 after having rallying from a 52-week low of $0.73. Since the beginning of this year, TDUP’s stock price has dropped by -90.20% or -$11.5100, and marked a new high 1 time. However, the stock has declined by -93.65% since its 52-week high.
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TDUP stock investors should be aware that ThredUp Inc. (TDUP) stock had its last reported insider trading activity 83 days ago on Sep 02. Marino Anthony Salvatore, the President of the company, disposed of 14,371 shares for $2.31 on Sep 02. It resulted in a $33,193 divestment by the insider. Homer Christopher sold 10,865 shares at an average price of $2.31 on Sep 02. The insider now owns 32,453 shares following the transaction. On Sep 02, Chief Financial Officer Sobers Sean sold 10,088 shares at $2.31 apiece. The transaction was valued at $23,298.
In the three months ended June 29, ThredUp Inc.’s quick ratio stood at 1.50, while its current ratio was 1.70, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.18, and the total debt-to-equity ratio was 0.21. On the profitability front, the trailing twelve-month gross margin is 67.40% percent. In the year ended June 29, operating margins totaled -31.50%. Based on annual data, TDUP earned $178.13 million in gross profit and brought in $251.79 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -25.90%. Return on equity (ROE) for the past 12 months was -51.00%.
In ThredUp Inc.’s quarter-end financial report for June 29, it reported total debt of $26.86 million against cash and short-term investments of $86.5 million. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. TDUP’s revenue rose 6.89% to $76.42 million during the quarter, while net income inched up to $67.95 million. While analysts expected ThredUp Inc. to report -$0.22 quarterly earnings, the actual figure was -$0.29 per share, beating the consensus estimate by -31.80%. During the quarter, the company generated -$18.74 million in EBITDA. The liabilities of ThredUp Inc. were 169.9 million at the end of its most recent quarter ended June 29, and its total debt was $88.01 million. The value of shareholders’ equity is $100.81 million.
This quick technical analysis looks at ThredUp Inc.’s (TDUP) price momentum. With a historical volatility rate of 109.22%, the RSI 9-day stood at 57.74% on 23 November.
With respect to its five-day moving average, the current ThredUp Inc. price is up by +3.31% percent or $0.0400. At present, TDUP shares trade -2.34% below its 20-day simple moving average and -53.70% percent below its 100-day simple moving average. However, the stock is currently trading approximately -59.02% below its SMA50 and -83.81% below its SMA200.
Stochastic coefficient K was 85.62% and Stochastic coefficient D was 83.13%, while ATR was 0.1533. Given the Stochastic reading of 89.65% for the 14-day period, the RSI (14) reading has been calculated as 48.89%. As of today, the MACD Oscillator reading stands at 0.0712, while the 14-day reading stands at 0.1267.
ThredUp Inc. downgraded its rating on ThredUp Inc. (NASDAQ: TDUP) to a Neutral in a note to investors on July 22, 2022. The analysts firm previously had an Overweight rating on the stock.