The RealReal Inc. (NASDAQ:REAL) finished Wednesday with an addition of $0.08 to close at $2.35, an upside of 3.52 percent. An average of 3,500,400 shares of common stock have been traded in the last five days. There was a fall of -$0.03 in the past week, and it reached a new high 6 times over the past 12 months. The last 20 days have seen an average of 4,127,325 shares traded, while the 50-day average volume stands at 4,413,096.
REAL stock has decreased by -5.62% in the last month. The company shares reached their 1-month lowest point of $2.06 on 08/08/23. With the stock rallying to its 52-week high on 07/13/23, shares of the company touched a low of $1.00 and a high of $2.94 in 52 weeks. It has reached a new high 13 times so far this year and achieved 88.00% or $1.10 in price. In spite of this, the price is down -20.07% from the 52-week high.
Insider Transactions
REAL stock investors should be aware that The RealReal Inc. (REAL) stock had its last reported insider trading activity 7 days ago on Aug 17. In this transaction, the insider spent $108,522. President, Sahi Levesque Rati, disposed of 43,162 shares at a price of $2.41 on Aug 16. The insider now owns more than $104,075 worth of shares. Prior to that, Director KROLIK ROBERT J went on to Sale 11,700 shares at $1.75 each on Jun 14. An amount of $20,475 was transacted.
Valuation Metrics
The RealReal Inc. (REAL) stock’s beta is 2.66. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.41.
Financial Health
The quick ratio of The RealReal Inc. for the recent quarter was 1.30, and the current ratio was 1.40, indicating that the company is able to meet its debt obligations. Its gross profit as reported stood at $348.69 million compared to revenue of $603.49 million.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, The RealReal Inc.’s return on assets was -37.80%.
Earnings Surprise
In the quarter under review, the net income was down than the previous quarter. The company posted a net income of -$41.33 million in the quarter, while revenues of -$82.5 million were shrunk -28.65%. Shareholders own equity worth $102.14 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at The RealReal Inc. (REAL) price momentum. RSI 9-day as of the close on 23 August was 47.07%, suggesting the stock is Neutral, with historical volatility in this time frame at 84.63%.
As of today, REAL’s price is $2.34 -1.26% or -$0.03 from its 5-day moving average. REAL is currently trading -7.48% lower than its 20-day SMA and +99.15% higher than its 100-day SMA. However, the stock’s current price level is +41.57% above the SMA50 and +63.19% above the SMA200.
The stochastic %K and %D were 22.86% and 28.06%, respectively, and the average true range (ATR) was 0.23. With the 14-day stochastic at 33.14% and the average true range at 0.24, the RSI (14) stands at 48.86%. The stock has reached -0.14 on the 9-day MACD Oscillator while the 14-day reading was at -0.13.
Analyst Ratings
BofA Securities upgraded The RealReal Inc. (NASDAQ: REAL) to a a Buy rating in its most recent analyst report. Previously, the stock was rated as an Underperform. The consensus rating for The RealReal Inc. (REAL) among analysts is Hold. According to current brokerage recommendations, 1 brokerage firm advise that investors sell REAL, while 6 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 3 others rate it as a “buy”.
What is REAL’s price target for the next 12 months?
Analysts predict a range of price targets between $1.50 and $6.00, with a median target of $3.00. Taking a look at these predictions, the average price target given by analysts for The RealReal Inc. (REAL) stock is $3.11.
