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UPST’s 2023 Market Dance: Up 113.12% – Time to Invest?

A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. Until today this year the stock’s price performance recorded an increase of 113.12%. However, over the last six months, the performance has been weaker by 98.84%. The price of UPST decreased -12.20% over the last 30 days. And in the last five days, it has fallen by -10.10%.

Upstart Holdings Inc. (UPST) current stock price is $28.17. During the last trading session, the stock soared, reaching $29.53 after opening at $29.50. The stock’s lowest point was $28.66 before it closed at $28.93.

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Upstart Holdings Inc.’s stock has had a calm market performance. The 1-year high for the company’s stock was $72.58 on 08/01/23, and the lowest price during the same period was recorded at $11.93 on 05/03/23.

52-week price history of UPST Stock

A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. Upstart Holdings Inc.’s current trading price is -61.18% away from its 52-week high, while its distance from the 52-week low is 136.17%. The stock’s price range over this timeframe has been between $11.93 and $72.58. The shares of the Financial sector company recorded a trading volume of approximately 2.07 million for the day, which was comparatively lower than the average daily volume of 9.86 million over the last three months.

The Connection Between Financial Performance and Market Capitalization

Upstart Holdings Inc. (UPST) has experienced a quarterly decline of -15.62% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.40B and boasts a workforce of 1875 employees.

Expert Opinions: Analysts’ Ratings for Upstart Holdings Inc.

As of right now, 1 analyst is rating Upstart Holdings Inc. as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 4 analysts are recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 9 analysts are rating the stock as SELL.

How Moving Averages and Trading Volume Data Work Together

Based on Barchart.com data, the company’s moving average over the 100-day period was 34.70, with a change in price of +13.72. Similarly, Upstart Holdings Inc. recorded 10,359,550 in trading volume during the last 100 days, posting a change of +95.91%.

UPST’s Debt-to-Equity Ratio: A Comprehensive Review

A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for UPST stands at 1.46. Similarly, the long-term debt-to-equity ratio is also 1.46.

UPST Stock Stochastic Average

The raw stochastic average for Upstart Holdings Inc. over the last 50 days is presently at 0.41%. This reflects a drop from the raw stochastic average of the previous 20 days, which was noted at 2.40%. Further, the company’s Stochastic %K and %D values for the last 20 days were 6.19% and 11.69%, respectively.

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