The stock of Therealreal Inc (NASDAQ:REAL) last traded at $9.06, up 1.12% from the previous session.
REAL stock price is now 120.74% away from the 50-day moving average and 157.16% away from the 200-day moving average. The market capitalization of the company currently stands at $993.80M.
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With the price target enhanced from $4 to $15, Wells Fargo Upgraded its rating from Equal Weight to Overweight for Therealreal Inc (NASDAQ: REAL). On September 16, 2024, Northland Capital recently initiated its ‘Outperform’ rating on the stock quoting a target price of $6, while ‘Robert W. Baird’ rates the stock as ‘Neutral’
In other news, Lo Steve Ming, SVP, Chief Accounting Officer sold 96,666 shares of the company’s stock on Dec 02 ’24. The stock was sold for $589,894 at an average price of $6.10. Upon completion of the transaction, the SVP, Chief Accounting Officer now directly owns 391,525 shares in the company, valued at $3.55 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 03 ’24, SVP, Chief Accounting Officer Lo Steve Ming sold 37,931 shares of the business’s stock. A total of $223,762 was realized by selling the stock at an average price of $5.90. This leaves the insider owning 353,594 shares of the company worth $3.2 million. A total of 23.40% of the company’s stock is owned by insiders.
During the past 12 months, Therealreal Inc has had a low of $1.52 and a high of $9.29. The fifty day moving average price for REAL is $3.986 and a two-hundred day moving average price translates $3.485675 for the stock.
The latest earnings results from Therealreal Inc (NASDAQ: REAL) was released for 2024-09-30. The company reported revenue of $147.75 million for the quarter, compared to $133.17 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 10.95 percent.
