Trupanion Inc [NASDAQ: TRUP] loss -1.81% or -0.88 points to close at $47.63 with a heavy trading volume of 262513 shares.
The daily chart for TRUP points out that the company has recorded 43.98% gains over the past six months.
If we look at the average trading volume of 598.83K shares, TRUP reached to a volume of 262513 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Trupanion Inc [TRUP]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TRUP shares is $53.14 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TRUP 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.
William Blair have made an estimate for Trupanion Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on July 19, 2024. While these analysts kept the previous recommendation, BofA Securities raised their target price from $35 to $49. The new note on the price target was released on May 16, 2024, representing the official price target for Trupanion Inc stock. Previously, the target price had yet another drop from $72 to $32, while BofA Securities kept a Neutral rating on TRUP stock.
The Average True Range (ATR) for Trupanion Inc is set at 2.68, with the Price to Sales ratio for TRUP stock in the period of the last 12 months amounting to 1.62. The Price to Book ratio for the last quarter was 6.30. Price to Free Cash Flow for TRUP in the course of the last twelve months was 66.65.
Trading performance analysis for TRUP stock
Trupanion Inc [TRUP] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 8.37. With this latest performance, TRUP shares dropped by -12.04% in over the last four-week period, additionally plugging by 43.98% over the last 6 months – not to mention a rise of 76.87% 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 TRUP stock in for the last two-week period is set at 46.20, with the RSI for the last a single of trading hit 48.76, and the three-weeks RSI is set at 46.16 for Trupanion Inc [TRUP]. The present Moving Average for the last 50 days of trading for this stock 51.05, while it was recorded at 46.11 for the last single week of trading, and 39.56 for the last 200 days.
Trupanion Inc [TRUP]: A deeper dive into fundamental analysis
Trupanion Inc’s liquidity data is similarly interesting compelling, with a Current Ratio set at 1.66.
An analysis of Institutional ownership at Trupanion Inc [TRUP]
There are presently around $101.48%, or 117.87%% of TRUP stock, in the hands of institutional investors. The top three institutional holders of TRUP stocks are: BLACKROCK INC. with ownership of 5.45 million shares, which is approximately 13.0078%. CAPITAL WORLD INVESTORS, holding 4.02 million shares of the stock with an approximate value of $$118.2 million in TRUP stocks shares; and CAPITAL WORLD INVESTORS, currently with $$107.08 million in TRUP stock with ownership which is approximately 8.6889%.
