In last trading session, Therealreal Inc (NASDAQ:REAL) saw 3.32 million shares changing hands with its beta currently measuring 2.88. Company’s recent per share price level of $3.58 trading at $0.16 or 4.68% at ring of the bell on the day assigns it a market valuation of $374.79M. That closing price of REAL’s stock is at a discount of -14.53% from its 52-week high price of $4.10 and is indicating a premium of 72.07% from its 52-week low price of $1.00. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 3.57 million shares which gives us an average trading volume of 3.73 million if we extend that period to 3-months.
Therealreal Inc (NASDAQ:REAL) trade information
Upright in the green during last session for gaining 4.68%, in the last five days REAL remained trading in the green while hitting it’s week-highest on Wednesday, 03/20/24 when the stock touched $3.58 price level, adding 1.38% to its value on the day. Therealreal Inc’s shares saw a change of 78.11% in year-to-date performance and have moved 10.15% in past 5-day. Therealreal Inc (NASDAQ:REAL) showed a performance of 101.12% in past 30-days. Number of shares sold short was 12.32 million shares which calculate 5.03 days to cover the short interests.
Therealreal Inc (REAL) estimates and forecasts
Statistics highlight that Therealreal Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 56.33% of value to its shares in past 6 months, showing an annual growth rate of 51.72% while that of industry is 19.00. Apart from that, the company came raising its revenue forecast for fiscal year 2024.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -10.67% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 41.95% while estimates for its earnings growth in next 5 years are of 38.60%.
REAL Dividends
Therealreal Inc is more likely to be releasing its next quarterly report between May 07 and May 13 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Therealreal Inc (NASDAQ:REAL)’s Major holders
Insiders are in possession of 11.41% of company’s total shares while institution are holding 62.20 percent of that, with stock having share float percentage of 70.22%. Investors also watch the number of corporate investors in a company very closely, which is 62.20% institutions for Therealreal Inc that are currently holding shares of the company. Woodson Capital Management, Lp is the top institutional holder at REAL for having 4.9 million shares of worth $10.88 million. And as of Jun 29, 2023, it was holding 4.80% of the company’s outstanding shares.
The second largest institutional holder is Vanguard Group Inc, which was holding about 4.63 million shares on Jun 29, 2023. The number of shares represents firm’s hold over 4.53% of outstanding shares, having a total worth of $10.28 million.
On the other hand, Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Jun 29, 2023, the former fund manager was holding 3.06 million shares of worth $6.79 million or 3.00% of the total outstanding shares. The later fund manager was in possession of 1.42 million shares on Jun 29, 2023, making its stake of worth around $3.15 million in the company or a holder of 1.39% of company’s stock.
