ThredUp Inc (TDUP): A Case For Going Higher

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

Stocks Info

This NASDAQ-listed company operates within the Internet Retail industry segment, falling under the Consumer Cyclical sector. The current market capitalization of ThredUp Inc is $210.53M. A total of 1.34 million shares were traded on the day, compared to an average of 805.05K shares.

In the most recent transaction, NOVA DANIEL J bought 29,891 shares of TDUP for 1.45 per share on Nov 22 ’24. After the transaction, the Director now owns 214,033 company shares. In a previous transaction on Nov 21 ’24, NOVA DANIEL J bought 30,000 shares at 1.31 per share. TDUP shares that Director owns now total 184,142.

Among the insiders who bought shares, NOVA DANIEL J acquired of 30,000 shares on Nov 20 ’24 at a per-share price of $1.21. This resulted in the Director holding 154,142 shares of TDUP after the transaction. In another insider transaction, NOVA DANIEL J bought 45,897 shares at $1.00 per share on Nov 18 ’24. Company shares held by the Director now total 124,142.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, TDUP has a high of $2.60 and a low of $0.50.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. TDUP’s latest balance sheet shows that the firm has $205.83M in Cash & Short Term Investments as of fiscal 2021. There were $76.25M in debt and $89.41M in liabilities at the time. Its Book Value Per Share was $0.61, while its Total Shareholder’s Equity was $205.73M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for TDUP is Buy with a score of 4.50.

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