Ideas And Forecasts On Trupanion Inc (NASDAQ: TRUP)

Trupanion Inc (NASDAQ:TRUP) currently has a daily average trading volume of 599.78K but it saw 365027 shares traded in last market. With a market cap of 2.27B USD, the company’s current market price of $53.50 came falling about -1.56 while comparing to the previous closing price of $54.35. In past 52 weeks, the stock remained buoying in the range of price level as high as $57.90 and as low as $19.69. In the recent trading on the day, stock has struck highest price mark of $53.28 while lowest mark touched by it was $56.4.

Taking a look at 20-day trading activity of Trupanion Inc (TRUP) gives us an average price of $52.34, while its current price level is -7.60% below from 52-week high level whereas it is 171.71% 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 $49.49 while that of 200 days or SMA-200 reads an average of $35.72. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.75% during that period while stretching the period over a month that decreases to 6.22%. 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 55.32 which implies that the stock is in neutral territory.

BofA Securities upgraded its recommendation for the stock as a “Buy” from “Neutral” on May 16, 2024 while assigning a price target range of $35-$49. BofA Securities issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $72 and $32.

Over the week, TRUP’s stock price is moving 3.24% up while it is 0.47% when we observe its performance for the past one month. Year-to-date it is 75.35% up and over the past year, the stock is showing an upside performance of 98.74%.

Currently, Trupanion Inc’s total number of outstanding shares is 41.86M. Company’s return on investment (ROI) stands at -3.00% and return on equity (ROE) at -4.41%. It has a 1375.67 of forward P/E ratio. Stock’s beta reads 1.61. Stock has a price to book (P/B) ratio of 7.07 while price to sale or P/S ratio amounts to 1.82. Its return on asset (ROA) is -1.69% on average.