ThredUp Inc (NASDAQ: TDUP) is -69.21% lower on its value in year-to-date trading and has touched a low of $0.61 and a high of $4.21 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TDUP stock was last observed hovering at around $0.68 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $0.69, the stock is -56.52% and -59.10% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.92 million and changing 1.88% at the moment leaves the stock -65.04% off its SMA200. TDUP registered -82.55% loss for a year compared to 6-month loss of -65.36%.
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The stock witnessed a -63.54% gain in the last 1 month and extending the period to 3 months gives it a -65.19%, and is 9.46% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 12.66% over the week and 15.13% over the month.
ThredUp Inc (TDUP) has around 2377 employees, a market worth around $77.90M and $322.79M in sales. Profit margin for the company is -19.58%. Distance from 52-week low is 13.69% and -83.54% from its 52-week high. The company has generated returns on investments over the last 12 months (-40.87%).
The EPS is expected to grow by 19.85% this year
The shares outstanding are 112.44M, and float is at 79.71M with Short Float at 6.98%.
ThredUp Inc (TDUP) Insider Activity
The most recent transaction is an insider sale by Nakache Patricia, the company’s Director. SEC filings show that Nakache Patricia sold 63,933 shares of the company’s common stock on Jul 30 ’24 at a price of $2.05 per share for a total of $0.13 million. Following the sale, the insider now owns 0.0 shares.
ThredUp Inc disclosed in a document filed with the SEC on Jul 29 ’24 that Nakache Patricia (Director) sold a total of 45,465 shares of the company’s common stock. The trade occurred on Jul 29 ’24 and was made at $2.06 per share for $93658.0. Following the transaction, the insider now directly holds 0.0 shares of the TDUP stock.
Still, SEC filings show that on Jul 26 ’24, Nakache Patricia (Director) disposed off 20,000 shares at an average price of $2.09 for $41800.0. The insider now directly holds 0 shares of ThredUp Inc (TDUP).
