Upstart Holdings Inc. (NASDAQ:UPST) went down by -14.18% from its latest closing price compared to the recent 1-year high of $105.58. The company’s stock price has collected -24.63% of loss in the last five trading sessions. Press Release reported on 02/17/21 that Midwest BankCentre Selects Upstart for Auto Lending
Is It Worth Investing in Upstart Holdings Inc. (NASDAQ :UPST) Right Now?
Upstart Holdings Inc. (NASDAQ:UPST) scored a price-to-earnings ratio above its average ratio, recording 506.64 x from its present earnings ratio. Opinions of the stock are interesting as 1 analysts out of 6 who provided ratings for Upstart Holdings Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 5 rated it as “hold,” and 0 as “sell.”
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The average price from analysts is $59.20, which is -$17.81 below the current price. UPST currently public float of 56.99M and currently shorts hold a 3.52% ratio of that float. Today, the average trading volume of UPST was 1.95M shares.
UPST’s Market Performance
The volatility ratio for the week stands at 12.85% while the volatility levels for the past 30 days are set at 11.64% for Upstart Holdings Inc.. The simple moving average for the period of the last 20 days is -1.33% for UPST stocks with a simple moving average of 24.11% for the last 200 days.
Analysts’ Opinion of UPST
Jefferies, on the other hand, stated in their research note that they expect to see UPST reach a price target of $66. The rating they have provided for UPST stocks is “Buy” according to the report published on January 11th, 2021.
Goldman gave a rating of “Neutral” to UPST, setting the target price at $55 in the report published on January 11th of the current year.
UPST Trading at 24.11% from the 50-Day Moving Average
After a stumble in the market that brought UPST to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -27.06% of loss for the given period.
Volatility was left at 11.64%, however, over the last 30 days, the volatility rate increased by 12.85%, as shares surge +19.45% for the moving average over the last 20 days.
During the last 5 trading sessions, UPST fell by -24.63%, in comparison to the 20-day moving average, which settled at $78.67. In addition, Upstart Holdings Inc. saw 88.98% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at UPST starting from Loeb Daniel S, who purchase 1,200,000 shares at the price of $20.00 back on Dec 18. After this action, Loeb Daniel S now owns 13,381,222 shares of Upstart Holdings Inc., valued at $24,000,000 using the latest closing price.
Gu Paul, the SVP, Product and Data Science of Upstart Holdings Inc., sale 213,124 shares at $18.60 during a trade that took place back on Dec 18, which means that Gu Paul is holding 200,000 shares at $3,964,106 based on the most recent closing price.
Stock Fundamentals for UPST
The total capital return value is set at -0.80, while invested capital returns managed to touch -0.49.
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.25.