Therealreal Inc (NASDAQ:REAL) shares, rose in value on Thursday, January 23, with the stock price down by -0.64% to the previous day’s close as strong demand from buyers drove the stock to $9.36.
Actively observing the price movement in the last trading, the stock closed the session at $9.42, falling within a range of $9.212 and $9.85. The value of beta (5-year monthly) was 2.799. Referring to stock’s 52-week performance, its high was $11.38, and the low was $1.52. On the whole, REAL has fluctuated by 6.06% over the past month.
With the market capitalization of Therealreal Inc currently standing at about $1.03 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 599.48M, with a low estimate of 160.7M and a high estimate of 165M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 163.07M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that REAL’s technical picture suggests that short-term indicators denote the stock is a 50% 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 REAL currently trading nearly -2.32% and 23.00% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 54.76, while the 7-day volatility ratio is showing 5.58% which for the 30-day chart, stands at 8.11%. Furthermore, Therealreal Inc (REAL)’s beta value is 2.82, and its average true range (ATR) is 0.70.
A comparison of Therealreal Inc (REAL) with its peers suggests the former has fared considerably weaker in the market. REAL showed an intraday change of -0.64% in last session, and over the past year, it grew by 392.63%%.
Data on historical trading for Therealreal Inc (NASDAQ:REAL) indicates that the trading volumes over the past 10 days have averaged 2.86 and over the past 3 months, they’ve averaged 3.32 million. According to company’s latest data on outstanding shares, there are 109.69 million shares outstanding.
Nearly 22.77% of Therealreal Inc’s shares belong to company insiders and institutional investors own 67.38% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 14.23 million shares as on 2024-12-31, resulting in a short ratio of 3.43. According to the data, the short interest in Therealreal Inc (REAL) stood at 1414.00 of shares outstanding as of 2024-12-31; the number of short shares registered in 2024-11-29 reached 16.48 million. The stock has fallen by -14.36% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the REAL stock heading into the next quarter.
