Upstart Holdings Inc (NASDAQ: UPST): Think Like A Lender, Not An Investor

Upstart Holdings Inc (NASDAQ:UPST) currently has a daily average trading volume of 7.96M but it saw 11244323 shares traded in last market. With a market cap of 6.19B USD, the company’s current market price of $67.80 came falling about -2.35 while comparing to the previous closing price of $69.43. In past 52 weeks, the stock remained buoying in the range of price level as high as $86.07 and as low as $20.25. In the recent trading on the day, stock has struck highest price mark of $67.384 while lowest mark touched by it was $72.7793.

Taking a look at 20-day trading activity of Upstart Holdings Inc (UPST) gives us an average price of $55.74, while its current price level is -21.23% below from 52-week high level whereas it is 234.81% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $46.54 while that of 200 days or SMA-200 reads an average of $32.13. A closer look into the stock’s movement over the week reveals that its volatility is standing at 13.19% during that period while stretching the period over a month that decreases to 7.97%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 63.83 which implies that the stock is in neutral territory.

Piper Sandler upgraded its recommendation for the stock as a “Overweight” from “Neutral” on November 08, 2024 while assigning a price target range of $31-$85. JP Morgan also issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $30 and $45.

Over the week, UPST’s stock price is moving 25.60% up while it is 28.14% when we observe its performance for the past one month. Year-to-date it is 65.93% up and over the past year, the stock is showing an upside performance of 210.44%.

Currently, Upstart Holdings Inc’s total number of outstanding shares is 86.33M. Company’s return on investment (ROI) stands at -10.30% and return on equity (ROE) at -27.21%. It has a 155.51 of forward P/E ratio. Stock’s beta reads 2.09. Stock has a price to book (P/B) ratio of 10.36 while price to sale or P/S ratio amounts to 11.09. Its return on asset (ROA) is -8.83% on average.