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Friday, September 29, 2023

Trupanion Inc. (NASDAQ: TRUP) Could Achieve Gains In The Near Future

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for Trupanion Inc. (TRUP) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.16, or -0.54%, to $29.70. The Trupanion Inc. has recorded 73,277 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted Trupanion Announces Appointment of Fawwad Qureshi as Chief Financial Officer.

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Stocks Info

Trupanion Inc. is listed on the NASDAQ in the Financial sector while operating in the Insurance – Specialty industry. The current market capitalization of Trupanion Inc. is $1.23B. A total of 0.73 million shares were traded on the day, compared to an average of 1.04M shares.

Insider Activity

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, TRUP has seen 17 BUY and 7 SELL insider trades, representing the acquisition of 7,934 and the disposition of 1,258 shares. Over the last 12 months, there were 123 BUYs and 97 SELLs from insiders. Insiders purchased 164,590 shares during that period but sold 123,560.

In the most recent transaction, DOAK MICHAEL sold 8,688 shares of TRUP for 29.99 per share on Aug 30. After the transaction, the Director now owns 5,866 company shares. In a previous transaction on May 08, RAWLINGS DARRYL sold 4,000 shares at 25.30 per share. TRUP shares that Chief Executive Officer owns now total 829,109.

Among the insiders who sold shares, RAWLINGS DARRYL disposed of 4,000 shares on Apr 19 at a per-share price of $35.48. This resulted in the Chief Executive Officer holding 833,109 shares of TRUP after the transaction. In another insider transaction, RAWLINGS DARRYL sold 4,000 shares at $41.20 per share on Apr 04. Company shares held by the Chief Executive Officer now total 837,109.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for TRUP in the last 3 months, the mean price target is $34.75 with high estimates of $50.00 and low estimates of $19.00. In terms of 52-week highs and lows, TRUP has a high of $69.15 and a low of $18.45.

As of this writing, TRUP has an earnings estimate of -$0.31 per share for the current quarter. EPS was calculated based on a consensus of 7 estimates, with a high estimate of -$0.27 per share and a lower estimate of -$0.36. The company reported an EPS of -$0.6 in the last quarter, which was -106.90% lower than expectations of -$0.29.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. TRUP’s latest balance sheet shows that the firm has $213.41M in Cash & Short Term Investments as of fiscal 2021. There were $26.09M in debt and $223.70M in liabilities at the time. Its Book Value Per Share was $6.98, while its Total Shareholder’s Equity was $332.20M.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for TRUP is Buy with a score of 3.75.

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