TrueCar Inc. (NASDAQ:TRUE) went up by 2.75% from its latest closing price compared to the recent 1-year high of $6.47. The company’s stock price has collected 3.32% of gains in the last five trading sessions. Press Release reported on 07/19/21 that fuboTV Names Alison Sternberg Senior Vice President, Investor Relations
Is It Worth Investing in TrueCar Inc. (NASDAQ :TRUE) Right Now?
TrueCar Inc. (NASDAQ:TRUE) scored a price-to-earnings ratio above its average ratio, recording 7.28 x from its present earnings ratio. Plus, the 36-month beta value for TRUE is at 1.13. Opinions of the stock are interesting as 4 analysts out of 7 who provided ratings for TrueCar Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 2 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $6.64, which is $1.19 above the current price. TRUE currently public float of 88.86M and currently shorts hold a 8.84% ratio of that float. Today, the average trading volume of TRUE was 951.42K shares.
TRUE’s Market Performance
TRUE stocks went up by 3.32% for the week, with a monthly jump of 4.87% and a quarterly performance of 33.97%, while its annual performance rate touched 89.83%. The volatility ratio for the week stands at 4.31% while the volatility levels for the past 30 days are set at 3.88% for TrueCar Inc.. The simple moving average for the period of the last 20 days is 0.36% for TRUE stocks with a simple moving average of 15.30% for the last 200 days.
Analysts’ Opinion of TRUE
Many brokerage firms have already submitted their reports for TRUE stocks, with BTIG Research repeating the rating for TRUE by listing it as a “Buy.” The predicted price for TRUE in the upcoming period, according to BTIG Research is $7.25 based on the research report published on March 02nd of the current year 2021.
The Benchmark Company, on the other hand, stated in their research note that they expect to see TRUE reach a price target of $8. The rating they have provided for TRUE stocks is “Buy” according to the report published on February 25th, 2021.
Goldman gave a rating of “Neutral” to TRUE, setting the target price at $4.25 in the report published on January 25th of the current year.
TRUE Trading at 4.69% 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 -13.45% of loss for the given period.
Volatility was left at 3.88%, however, over the last 30 days, the volatility rate increased by 4.31%, as shares surge +1.63% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +23.89% upper at present.
During the last 5 trading sessions, TRUE rose by +3.32%, which changed the moving average for the period of 200-days by +10.24% in comparison to the 20-day moving average, which settled at $5.58. In addition, TrueCar Inc. saw 33.33% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at TRUE starting from Buce Robert, who sale 17,500 shares at the price of $5.81 back on Jul 01. After this action, Buce Robert now owns 154,555 shares of TrueCar Inc., valued at $101,705 using the latest closing price.
Buce Robert, the Director of TrueCar Inc., sale 17,500 shares at $5.66 during a trade that took place back on Jun 01, which means that Buce Robert is holding 154,555 shares at $99,003 based on the most recent closing price.
Stock Fundamentals for TRUE
Current profitability levels for the company are sitting at:
- -1.31 for the present operating margin
- +85.11 for the gross margin
The net margin for TrueCar Inc. stands at -7.12. The total capital return value is set at -0.93, while invested capital returns managed to touch -5.09.
Based on TrueCar Inc. (TRUE), the company’s capital structure generated 9.60 points at debt to equity in total, while total debt to capital is 8.76. Total debt to assets is 7.84, with long-term debt to equity ratio resting at 8.35. Finally, the long-term debt to capital ratio is 7.62.
When we switch over and look at the enterprise to sales, we see a ratio of 0.75, with the company’s debt to enterprise value settled at 0.18. The receivables turnover for the company is 6.72 and the total asset turnover is 0.61. The liquidity ratio also appears to be rather interesting for investors as it stands at 7.58.