As of Thursday close, The RealReal Inc.’s (NASDAQ:REAL) stock was down -$0.07, moving down -3.12 percent to $2.17. The average number of shares traded per day over the past five days has been 1,929,420 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.28 fall in that time frame. In the last twenty days, the average volume was 2,525,815, while in the previous 50 days, it was 3,469,682.
Since last month, REAL stock retreated -4.41%. Shares of the company fell to $2.16 on 09/21/23, the lowest level in the past month. A 52-week high of $2.94 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 73.60% or $0.92, and marked a new high 13 times. However, the stock has declined by -26.19% since its 52-week high.
REAL stock investors should be aware that The RealReal Inc. (REAL) stock had its last reported insider trading activity 28 days ago on Aug 25. Koryl John E, the Chief Executive Officer of the company, purchased of 43,251 shares for $2.30 on Aug 25. It resulted in a $99,477 investment by the insider. Sahi Levesque Rati sold 44,844 shares at an average price of $2.42 on Aug 17. The insider now owns 1,019,889 shares following the transaction. On Aug 16, President Sahi Levesque Rati sold 43,162 shares at $2.41 apiece. The transaction was valued at $104,075.
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 29.36%, the RSI 9-day stood at 29.56% on 21 September.
With respect to its five-day moving average, the current The RealReal Inc. price is down by -11.43% percent or -$0.28. At present, REAL shares trade -7.66% below its 20-day simple moving average and +93.75% percent above its 100-day simple moving average. However, the stock is currently trading approximately -17.33% below its SMA50 and +26.90% above its SMA200.
Stochastic coefficient K was 3.80% and Stochastic coefficient D was 3.90%, while ATR was 0.14. Given the Stochastic reading of 1.32% for the 14-day period, the RSI (14) reading has been calculated as 37.91%. As of today, the MACD Oscillator reading stands at -0.12, while the 14-day reading stands at -0.25.
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.
