At the end of the latest market close, ThredUp Inc. (TDUP) was valued at $18.72. In that particular session, Stock kicked-off at the price of $18.37 while reaching the peak value of $18.85 and lowest value recorded on the day was $17.83. The stock current value is $17.26.Recently in News on November 16, 2021, thredUP Releases ‘Thrift for the Holidays’ Report, Revealing that New Waves of Consumers are Planning to Gift Secondhand This Year. The report finds that nearly 1 in 2 consumers are considering alternatives like thrift this holiday season in light of supply chain concerns; 52% of consumers are concerned about rising prices of popular gifts, and 1 in 3 believe limited inventory will make it difficult to find gifts. You can read further details here
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, ThredUp Inc. shares are logging -45.83% during the 52-week period from high price, and 21.29% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $14.23 and $31.86.
The company’s shares, operating in the sector of Consumer Cyclical managed to top a trading volume set approximately around 915348 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the ThredUp Inc. (TDUP) recorded performance in the market was -6.40%, having the revenues showcasing -2.35% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 1.83B, as it employees total of 1862 workers.
ThredUp Inc. (TDUP) in the eye of market guru’s
During the last month, 8 analysts gave the ThredUp Inc. a BUY rating, 1 of the polled analysts branded the stock as an OVERWEIGHT, 2 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 21.32, with a change in the price was noted -9.45. In a similar fashion, ThredUp Inc. posted a movement of -34.95% for the period of last 100 days, recording 726,400 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for TDUP is recording 0.17 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.14.
ThredUp Inc. (TDUP): Stocks Technical analysis and Trends
Raw Stochastic average of ThredUp Inc. in the period of last 50 days is set at 8.81%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 8.81%. In the last 20 days, the company’s Stochastic %K was 18.96% and its Stochastic %D was recorded 16.54%.
If we look into the earlier routines of ThredUp Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -6.40%. The shares increased approximately by -3.06% in the 7-day charts and went up by -13.49% in the period of the last 30 days. Common stock shares were lifted by -2.35% during last recorded quarter.