In yesterday’s Wall Street session, Upstart Holdings Inc (NASDAQ:UPST) shares traded at $72.78, up 8.00% from the previous session.
UPST stock price is now 30.17% away from the 50-day moving average and 109.09% away from the 200-day moving average. The market capitalization of the company currently stands at $6.64B.
With the price target enhanced from $37 to $95, Redburn Atlantic Upgraded its rating from Neutral to Buy for Upstart Holdings Inc (NASDAQ: UPST). , while ‘BTIG Research’ rates the stock as ‘Neutral’
In other news, Singh Cassidy Sukhinder, Director sold 15,000 shares of the company’s stock on Nov 29 ’24. The stock was sold for $1,169,135 at an average price of $77.94. Upon completion of the transaction, the Director now directly owns 13,270 shares in the company, valued at $0.97 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 02 ’24, Director Singh Cassidy Sukhinder sold 14,992 shares of the business’s stock. A total of $1,064,143 was realized by selling the stock at an average price of $70.98. This leaves the insider owning 8,278 shares of the company worth $0.6 million.
During the past 12 months, Upstart Holdings Inc has had a low of $20.60 and a high of $86.07. As of last week, the company has a debt-to-equity ratio of 1.75, a current ratio of 4.26, and a quick ratio of 4.26. The fifty day moving average price for UPST is $55.2275 and a two-hundred day moving average price translates $34.5754 for the stock.
The latest earnings results from Upstart Holdings Inc (NASDAQ: UPST) was released for 2024-09-30. The net profit margin was -30.15% and return on equity was -27.21% for UPST. The company reported revenue of $162.14 million for the quarter, compared to $134.56 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 20.5 percent.
