Therealreal Inc [NASDAQ: REAL] traded at a high on Wednesday, posting a 2.36 gain after which it closed the day’ session at $3.91.
The results of the trading session contributed to over 2915190 shares changing hands. Over the past one week, the price volatility of Therealreal Inc stands at 7.10% while the volatility over the past one month is 6.33%.
The market cap for REAL stock reached $409.34 million, with 104.67 million shares outstanding and 80.40 million shares in the current float. Compared to the average trading volume of 3.62M shares, REAL reached a trading volume of 2915190 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Therealreal Inc [REAL]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for REAL shares is $3.58 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on REAL stock is a recommendation set at 2.33. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Robert W. Baird have made an estimate for Therealreal Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on January 04, 2024. While these analysts kept the previous recommendation, BofA Securities raised their target price from $1 to $1.85. The new note on the price target was released on June 29, 2023, representing the official price target for Therealreal Inc stock. Previously, the target price had yet another drop from $5 to $2, while Wells Fargo kept a Equal Weight rating on REAL stock.
The Average True Range (ATR) for Therealreal Inc is set at 0.23, with the Price to Sales ratio for REAL stock in the period of the last 12 months amounting to 0.75.
How has REAL stock performed recently?
Therealreal Inc [REAL] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 13.33. With this latest performance, REAL shares gained by 8.91% in over the last four-week period, additionally plugging by 191.79% over the last 6 months – not to mention a rise of 258.72% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for REAL stock in for the last two-week period is set at 66.86, with the RSI for the last a single of trading hit 72.77, and the three-weeks RSI is set at 64.23 for Therealreal Inc [REAL]. The present Moving Average for the last 50 days of trading for this stock 3.22, while it was recorded at 3.71 for the last single week of trading, and 2.39 for the last 200 days.
Therealreal Inc [REAL]: Deeper insight into the fundamentals
Therealreal Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.13 and a Current Ratio set at 1.25.
Earnings analysis for Therealreal Inc [REAL]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for REAL. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Therealreal Inc go to 38.60%.
Insider trade positions for Therealreal Inc [REAL]
The top three institutional holders of REAL stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in REAL stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in REAL stock with ownership which is approximately 5.8386%.
