Predicting Future Price Moves In Therealreal Inc (REAL)

Therealreal Inc (NASDAQ:REAL) does about 3.72M shares in volume on a normal day but saw 2488447 shares change hands in Friday trading. The company now has a market cap of 340.24M USD. Its current market price is $3.25, marking a decrease of -6.07% compared to the previous close of $3.46. The 52 week high reached by this stock is $4.10 whilst the lowest price level in 52 weeks is $1.00.

Therealreal Inc (REAL) has a 20-day trading average at $3.54 and the current price is -20.73% off the 52-week high compared with 225.00% distance from its 52-week low. The 50-day simple moving average of the closing price is $2.81 and its 200-day simple moving average is $2.32. If we look at the stock’s price movements over the week, volatility stands at 5.94%, which increases to 6.70% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 47.20 to suggest the stock is neutral.

The consensus objective for the share price is $3.58, suggesting that the stock has a potential upside of 9.22% over the period.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on January 04, 2024 when Robert W. Baird downgraded the stock to “Neutral” and issued a price target of between $3.25 and $2.75. BofA Securities upgraded the stock to “Buy” from Underperform on June 29, 2023 at a price target of $1-$1.85. Wells Fargo downgraded its price target at $5-$2.

Therealreal Inc (REAL) stock is down -8.32% over the week and 0.00% over the past month. Its price is 61.69% year-to-date and 192.79% over the past year.

To reach the target analysts have set, the stock logically needs to grow 9.22 percent from here.

The company has a return on investment of -66.33%. The beta has a value of 3.00. Price to sales ratio is 0.62.