As of Wednesday close, The RealReal Inc.’s (NASDAQ:REAL) stock was down -$0.07, moving down -3.05 percent to $2.38. The average number of shares traded per day over the past five days has been 4,795,320 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.12 fall in that time frame. In the last twenty days, the average volume was 4,066,930, while in the previous 50 days, it was 4,484,832.
Since last month, REAL stock retreated -7.75%. Shares of the company fell to $2.06 on 08/08/23, the lowest level in the past month. A 52-week high of $3.41 was reached on 07/13/23 after having rallying from a 52-week low of $1.00. Since the beginning of this year, REAL’s stock price has risen by 90.40% or $1.13, and marked a new high 13 times. However, the stock has declined by -30.21% since its 52-week high.
REAL stock investors should be aware that The RealReal Inc. (REAL) stock had its last reported insider trading activity 64 days ago on Jun 14. KROLIK ROBERT J, the Director of the company, disposed of 11,700 shares for $1.75 on Jun 14. It resulted in a $20,475 divestment by the insider. Sahi Levesque Rati sold 14,054 shares at an average price of $1.38 on Nov 22. The insider now owns 642,838 shares following the transaction. On Nov 20, President Sahi Levesque Rati sold 11,787 shares at $1.47 apiece. The transaction was valued at $17,359.
Financial Health
In the three months ended June 29, The RealReal Inc.’s quick ratio stood at 1.30, while its current ratio was 1.40, showing that the company is able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 62.30% percent. In the year ended June 29, EBITDA margin amounted to -23.44%, whereas operating margins totaled -35.80%. Based on annual data, REAL earned $348.69 million in gross profit and brought in $603.49 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 -67.70%. Return on equity (ROE) for the past 12 months was 101.00%.
According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. REAL’s revenue fell -18.64% to $141.9 million during the quarter, while net income inched up to $130.17 million. While analysts expected The RealReal Inc. to report -$0.35 quarterly earnings, the actual figure was -$0.3 per share, beating the consensus estimate by 14.30%. During the quarter, the company generated -$28.34 million in EBITDA. The liabilities of The RealReal Inc. were 734.3 million at the end of its most recent quarter ended June 29, and its total debt was $584.1 million. The value of shareholders’ equity is $102.14 million.
Technical Picture
This quick technical analysis looks at The RealReal Inc.’s (REAL) price momentum. With a historical volatility rate of 106.93%, the RSI 9-day stood at 45.15% on 16 August.
With respect to its five-day moving average, the current The RealReal Inc. price is down by -4.80% percent or -$0.12. At present, REAL shares trade -10.19% below its 20-day simple moving average and +116.36% percent above its 100-day simple moving average. However, the stock is currently trading approximately +58.67% above its SMA50 and +55.56% above its SMA200.
Stochastic coefficient K was 43.24% and Stochastic coefficient D was 51.94%, while ATR was 0.24. Given the Stochastic reading of 36.57% for the 14-day period, the RSI (14) reading has been calculated as 49.04%. As of today, the MACD Oscillator reading stands at 0.02, while the 14-day reading stands at -0.06.
Analyst Ratings
BofA Securities upgraded its rating on The RealReal Inc. (NASDAQ: REAL) to a Buy in a note to investors on June 29, 2023. The analysts firm previously had an Underperform rating on the stock.The RealReal Inc. (REAL) has been rated Hold by analysts. According to 1 brokerage firm, REAL is a sell, and 6 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate The RealReal Inc. stock as buy, with 3 recommending it as overweight.
With a median target price of $3.00, the current consensus forecast for the stock is $1.50 – $6.00. Based on these forecasts, analysts predict The RealReal Inc. (REAL) will achieve an average price target of $3.11.
