The stock of ThredUp Inc. (NASDAQ: TDUP) has decreased by -6.57 when compared to last closing price of 2.74.Despite this, the company has seen a loss of -14.09% in its stock price over the last five trading days. MarketWatch.com reported on 08/17/22 that It’s National Thrift Shop Day. Here are 7 tips for scoring high-end clothes and more
Is It Worth Investing in ThredUp Inc. (NASDAQ: TDUP) Right Now?
Analysts have varying views on the stock, with 5 analysts rating it as a “buy,” 2 rating it as “overweight,” 4 as “hold,” and 0 as “sell.”
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The average price suggested by analysts for TDUP is $3.81, which is $1.25 above the current market price. The public float for TDUP is 67.82M, and currently, shorts hold a 11.89% of that float. The average trading volume for TDUP on May 26, 2023 was 1.65M shares.
TDUP’s Market Performance
TDUP’s stock has seen a -14.09% decrease for the week, with a -0.97% drop in the past month and a 72.97% gain in the past quarter. The volatility ratio for the week is 10.25%, and the volatility levels for the past 30 days are at 10.89% for ThredUp Inc. The simple moving average for the past 20 days is -9.27% for TDUP’s stock, with a 26.83% simple moving average for the past 200 days.
TDUP Trading at -3.49% from the 50-Day Moving Average
After a stumble in the market that brought TDUP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -45.24% of loss for the given period.
Volatility was left at 10.89%, however, over the last 30 days, the volatility rate increased by 10.25%, as shares surge +0.39% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +19.07% upper at present.
During the last 5 trading sessions, TDUP fell by -14.09%, which changed the moving average for the period of 200-days by -13.80% in comparison to the 20-day moving average, which settled at $2.82. In addition, ThredUp Inc. saw 95.42% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at TDUP starting from Trinity TVL X, LLC, who sale 13,766 shares at the price of $3.00 back on May 19. After this action, Trinity TVL X, LLC now owns 0 shares of ThredUp Inc., valued at $41,298 using the latest closing price.
Nakache Patricia, the Director of ThredUp Inc., sale 13,766 shares at $3.00 during a trade that took place back on May 19, which means that Nakache Patricia is holding 0 shares at $41,298 based on the most recent closing price.
Stock Fundamentals for TDUP
Current profitability levels for the company are sitting at:
- -29.83 for the present operating margin
- +61.83 for the gross margin
The net margin for ThredUp Inc. stands at -32.00. The total capital return value is set at -33.95, while invested capital returns managed to touch -38.07. Equity return is now at value -62.10, with -29.00 for asset returns.
Based on ThredUp Inc. (TDUP), the company’s capital structure generated 60.58 points at debt to equity in total, while total debt to capital is 37.72. Total debt to assets is 28.09, with long-term debt to equity ratio resting at 53.22. Finally, the long-term debt to capital ratio is 33.15.
When we switch over and look at the enterprise to sales, we see a ratio of 0.88, with the company’s debt to enterprise value settled at 0.77. The receivables turnover for the company is 65.50 and the total asset turnover is 0.87. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.59.
Conclusion
In conclusion, ThredUp Inc. (TDUP) has had a mixed performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
