The stock of Upstart Holdings Inc (NASDAQ:UPST) last traded at $78.51, down -1.27% from the previous session.
UPST stock price is now 47.86% away from the 50-day moving average and 131.70% away from the 200-day moving average. The market capitalization of the company currently stands at $7.16B.
On November 08, 2024, Piper Sandler Upgraded its previous ‘Neutral’ rating to ‘Overweight’ on the stock increasing its target price from $31 to quote $85, while ‘JP Morgan’ rates the stock as ‘Neutral’
In other news, Mirgorodskaya Natalia, Officer bought 1,411 shares of the company’s stock on Nov 25 ’24. The stock was bought for $109,162 at an average price of $77.36. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 25 ’24, Officer Darling Scott bought 3,000 shares of the business’s stock. A total of $228,514 was incurred on buying the stock at an average price of $76.17. A total of 13.74% of the company’s stock is owned by insiders.
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 $52.2799 and a two-hundred day moving average price translates $33.6696 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.
