TrueCar Inc. (NASDAQ:TRUE) went up by 0.88% from its latest closing price compared to the recent 1-year high of $6.47. The company’s stock price has collected -3.18% of loss in the last five trading sessions. Press Release reported 15 hours ago that TrueCar, AutoNation and DAV Partner on 4th ‘DrivenToDrive’ Program to Help Injured Veterans Get Back Behind the Wheel
Is It Worth Investing in TrueCar Inc. (NASDAQ :TRUE) Right Now?
Plus, the 36-month beta value for TRUE is at 1.45. Opinions of the stock are interesting as 3 analysts out of 11 who provided ratings for TrueCar Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 7 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $6.29, which is $1.73 above the current price. TRUE currently public float of 96.79M and currently shorts hold a 7.51% ratio of that float. Today, the average trading volume of TRUE was 1.37M shares.
TRUE’s Market Performance
TRUE stocks went down by -3.18% for the week, with a monthly drop of -8.43% and a quarterly performance of 17.53%, while its annual performance rate touched 37.76%. The volatility ratio for the week stands at 4.95% while the volatility levels for the past 30 days are set at 6.19% for TrueCar Inc.. The simple moving average for the period of the last 20 days is -8.27% for TRUE stocks with a simple moving average of 30.39% for the last 200 days.
Analysts’ Opinion of TRUE
Many brokerage firms have already submitted their reports for TRUE stocks, with Craig Hallum repeating the rating for TRUE by listing it as a “Buy.” The predicted price for TRUE in the upcoming period, according to Craig Hallum is $10 based on the research report published on August 07th of the current year 2020.
B. Riley FBR, on the other hand, stated in their research note that they expect to see TRUE reach a price target of $5. The rating they have provided for TRUE stocks is “Buy” according to the report published on June 10th, 2020.
TRUE Trading at -7.15% from the 50-Day Moving Average
After a stumble in the market that brought TRUE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -29.52% of loss for the given period.
Volatility was left at 6.19%, however, over the last 30 days, the volatility rate increased by 4.95%, as shares sank -8.80% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -10.41% lower at present.
During the last 5 trading sessions, TRUE fell by -3.18%, which changed the moving average for the period of 200-days by +12.59% in comparison to the 20-day moving average, which settled at $4.95. In addition, TrueCar Inc. saw -4.00% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at TRUE starting from Smith Simon Edward, who sale 10,000 shares at the price of $4.80 back on Sep 01. After this action, Smith Simon Edward now owns 253,660 shares of TrueCar Inc., valued at $47,984 using the latest closing price.
Smith Simon Edward, the EVP, Dealer Solutions of TrueCar Inc., sale 10,000 shares at $4.77 during a trade that took place back on Aug 31, which means that Smith Simon Edward is holding 263,660 shares at $47,696 based on the most recent closing price.
Stock Fundamentals for TRUE
Current profitability levels for the company are sitting at:
- -12.62 for the present operating margin
- +83.44 for the gross margin
The net margin for TrueCar Inc. stands at -15.51. The total capital return value is set at -12.07, while invested capital returns managed to touch -14.96. Equity return is now at value -11.80, with -9.20 for asset returns.
Based on TrueCar Inc. (TRUE), the company’s capital structure generated 13.14 points at debt to equity in total, while total debt to capital is 11.61. Total debt to assets is 9.80, with long-term debt to equity ratio resting at 11.34. Finally, the long-term debt to capital ratio is 10.03.
When we switch over and look at the enterrpise to sales, we see a ratio of 1.03, with the company’s debt to enterprise value settled at 0.12. The receivables turnover for the company is 7.42 and the total asset turnover is 0.82. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.43.
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