TRUP Stock Summary and Trading Ideas (Trupanion | NASDAQ:TRUP)

Trupanion Inc is a specialty insurance products provider in the United States. Its core business is the sale of insurance products tailor-made for pets, especially cats and dogs. It operates in two business segments: The subscription business segment generates revenue primarily from subscription fees related to the Company's direct-to-consumer products and Other business segment is comprised of revenue from other product offerings that generally have a business-to-business relationship and a different margin profile than subscription business segment, including revenue from writing policies on behalf of third parties and revenue from other products and software solutions.

Trupanion trades on the NASDAQ stock market under the symbol TRUP.

As of May 3, 2024, TRUP stock price declined to $19.85 with 2,272,713 million shares trading.

TRUP has a beta of 2.58, meaning it tends to be more sensitive to market movements. TRUP has a correlation of 0.14 to the broad based SPY ETF.

TRUP has a market cap of $833.60 million. This is considered a Small Cap stock.

Last quarter Trupanion reported $306 million in Revenue and -$.16 earnings per share. This beat revenue expectation by $6 million and exceeded earnings estimates by $.04.

In the last 3 years, TRUP stock traded as high as $158.25 and as low as $18.45.

The top ETF exchange traded funds that TRUP belongs to (by Net Assets): IJR, VTI, IWM, VB, VXF.

TRUP has underperformed the market in the last year with a price return of -43.3% while the SPY ETF gained +27.0%. TRUP has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -26.3% and -11.6%, respectively, while the SPY returned +3.7% and +3.3%, respectively.

TRUP support price is $22.82 and resistance is $24.74 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TRUP stock will trade within this expected range on the day.