In Wednesday’s Wall Street session, ThredUp Inc (NASDAQ:TDUP) shares traded at $6.44, down -1.83% from the previous session.
TDUP stock price is now 105.74% away from the 50-day moving average and 256.66% away from the 200-day moving average. The market capitalization of the company currently stands at $768.47M.
With the price target enhanced from $6 to $7, Telsey Advisory Group maintained Outperform rating for ThredUp Inc (NASDAQ: TDUP). On April 28, 2025, Telsey Advisory Group reiterated its ‘Outperform’ rating on the stock by increasing its target price from $3 to quote $6, while ‘Needham’ rates the stock as ‘Hold’
In other news, ALON ROTEM, Officer bought 35,076 shares of the company’s stock on May 07 ’25. The stock was bought for $220,688 at an average price of $6.29. An SEC document containing details of the transaction can be found on the SEC’s website. On May 07 ’25, Officer JAMES G REINHART bought 276,378 shares of the business’s stock. A total of $1,738,031 was incurred on buying the stock at an average price of $6.29. A total of 25.46% of the company’s stock is owned by insiders.
During the past 12 months, ThredUp Inc has had a low of $0.50 and a high of $6.56. As of last week, the company has a debt-to-equity ratio of 1.01, a current ratio of 0.92, and a quick ratio of 0.92.
The net profit margin was -22.53% and return on equity was -69.51% for TDUP. The company reported revenue of $71.29 million for the quarter, compared to $64.53 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 10.47 percent.
