Trupanion Inc (NASDAQ:TRUP) shares, rose in value on Friday, November 01, with the stock price down by -0.40% to the previous day’s close as strong demand from buyers drove the stock to $54.56.
Actively observing the price movement in the last trading, the stock closed the session at $54.78, falling within a range of $54.0787 and $56.88. The value of beta (5-year monthly) was 1.731. Referring to stock’s 52-week performance, its high was $57.90, and the low was $19.14. On the whole, TRUP has fluctuated by 31.91% over the past month.
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With the market capitalization of Trupanion Inc currently standing at about $2.30 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-13.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 1.28B, with a low estimate of 328M and a high estimate of 336M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 333.86M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that TRUP’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the price of TRUP currently trading nearly 5.75% and 15.85% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 66.00, while the 7-day volatility ratio is showing 5.94% which for the 30-day chart, stands at 4.82%. Furthermore, Trupanion Inc (TRUP)’s beta value is 1.69, and its average true range (ATR) is 2.48.
A comparison of Trupanion Inc (TRUP) with its peers suggests the former has fared considerably weaker in the market. TRUP showed an intraday change of -0.40% in last session, and over the past year, it grew by 166.67%%.
Data on historical trading for Trupanion Inc (NASDAQ:TRUP) indicates that the trading volumes over the past 10 days have averaged 0.62 and over the past 3 months, they’ve averaged 647.44K. According to company’s latest data on outstanding shares, there are 41.86 million shares outstanding.
Nearly 29.25% of Trupanion Inc’s shares belong to company insiders and institutional investors own 89.60% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 9.89 million shares as on 2024-10-15, resulting in a short ratio of 16.75. According to the data, the short interest in Trupanion Inc (TRUP) stood at 2901.00 of shares outstanding as of 2024-10-15; the number of short shares registered in 2024-09-13 reached 11.12 million. The stock has risen by 78.83% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the TRUP stock heading into the next quarter.
