Therealreal Inc (NASDAQ:REAL) does about 3.64M shares in volume on a normal day but saw 3103215 shares change hands in Monday trading. The company now has a market cap of 440.74M USD. Its current market price is $4.21, marking an increase of 7.95% compared to the previous close of $3.90. The 52 week high reached by this stock is $4.10 whilst the lowest price level in 52 weeks is $1.05.
Therealreal Inc (REAL) has a 20-day trading average at $3.50 and the current price is 2.68% off the 52-week high compared with 300.95% distance from its 52-week low. The 50-day simple moving average of the closing price is $3.36 and its 200-day simple moving average is $2.41. If we look at the stock’s price movements over the week, volatility stands at 7.85%, which decreases to 6.52% 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 70.37 to suggest the stock is overbought.
The consensus objective for the share price is $3.61, suggesting that the stock has a potential downside of -16.62% 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 up 9.35% over the week and 18.76% over the past month. Its price is 109.45% year-to-date and 282.73% over the past year.
To reach the target analysts have set, the stock logically needs to shrink -16.62 percent from here.
The company has a return on investment of -66.33%. The beta has a value of 2.95. Price to sales ratio is 0.80.
