Upstart Holdings Inc (UPST) concluded trading on Thursday at a closing price of $60.80, with 3.72 million shares of worth about $225.89 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 163.55% during that period and on Thursday the price saw a loss of about -1.25%. Currently the company’s common shares owned by public are about 91.00M shares, out of which, 79.00M shares are available for trading.
Stock saw a price change of -11.25% in past 5 days and over the past one month there was a price change of -9.78%. Year-to-date (YTD), UPST shares are showing a performance of -1.25% which increased to 56.70% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $20.60 but also hit the highest price of $88.95 during that period. The average intraday trading volume for Upstart Holdings Inc shares is 7.33 million. The stock is currently trading -16.35% below its 20-day simple moving average (SMA20), while that difference is down -9.45% for SMA50 and it goes to 53.73% higher than SMA200.
Upstart Holdings Inc (NASDAQ: UPST) currently have 91.00M outstanding shares and institutions hold larger chunk of about 55.25% of that.
The stock has a current market capitalization of $5.55B and its 3Y-monthly beta is at 2.26. It has posted earnings per share of -$1.93 in the same period. It has Quick Ratio of 4.26 while making debt-to-equity ratio of 1.75. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for UPST, volatility over the week remained 6.35% while standing at 7.59% over the month.
Stock’s fiscal year EPS is expected to rise by 17.85% while it is estimated to increase by 211.23% in next year. EPS is likely to grow at an annualized rate of 30.00% for next 5-years, compared to annual growth of -76.37% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Needham on December 13, 2024 offering a Buy rating for the stock and assigned a target price of $100 to it. Coverage by Redburn Atlantic stated Upstart Holdings Inc (UPST) stock as a Buy in their note to investors on December 03, 2024, suggesting a price target of $95 for the stock. Stock get an Overweight rating from Piper Sandler on November 08, 2024.
