In yesterday’s Wall Street session, Therealreal Inc (NASDAQ:REAL) shares traded at $3.19, up 0.63% from the previous session.
REAL stock price is now -14.93% away from the 50-day moving average and 20.69% away from the 200-day moving average. The market capitalization of the company currently stands at $338.04M.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
With the price target reduced from $3.25 to $2.75, Robert W. Baird Downgraded its rating from Outperform to Neutral for Therealreal Inc (NASDAQ: REAL). On June 29, 2023, BofA Securities Upgraded its previous ‘Underperform’ rating to ‘Buy’ on the stock increasing its target price from $1 to quote $1.85, while ‘Wells Fargo’ rates the stock as ‘Equal Weight’
In other news, Leondakis Niki, Director sold 59,474 shares of the company’s stock on Jun 12 ’24. The stock was sold for $215,296 at an average price of $3.62. Upon completion of the transaction, the Director now directly owns 125,713 shares in the company, valued at $0.4 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 12 ’24, Director KROLIK ROBERT J sold 29,737 shares of the business’s stock. A total of $109,135 was realized by selling the stock at an average price of $3.67. This leaves the insider owning 139,407 shares of the company worth $0.44 million. A total of 20.44% of the company’s stock is owned by insiders.
During the past 12 months, Therealreal Inc has had a low of $1.26 and a high of $4.64. The fifty day moving average price for REAL is $3.7504 and a two-hundred day moving average price translates $2.646775 for the stock.
The latest earnings results from Therealreal Inc (NASDAQ: REAL) was released for 2024-03-31. The company reported revenue of $143.8 million for the quarter, compared to $141.9 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 1.34 percent.
