In the past week, CVNA stock has gone down by -24.97%, with a monthly decline of -39.75% and a quarterly surge of 34.14%. The volatility ratio for the week is 13.60%, and the volatility levels for the last 30 days are 13.91% for Carvana Co. The simple moving average for the last 20 days is -29.23% for CVNA stock, with a simple moving average of -65.12% for the last 200 days.
Is It Worth Investing in Carvana Co. (NYSE: CVNA) Right Now?
and a 36-month beta value of 2.85. Opinions on the stock are mixed, with 3 analysts rating it as a “buy,” 0 as “overweight,” 20 as “hold,” and 1 as “sell.”
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The average price predicted for Carvana Co. (CVNA) by analysts is $9.81, which is $2.64 above the current market price. The public float for CVNA is 95.72M, and at present, short sellers hold a 48.38% of that float. On March 15, 2023, the average trading volume of CVNA was 27.17M shares.
CVNA) stock’s latest price update
Carvana Co. (NYSE: CVNA)’s stock price has decreased by -2.78 compared to its previous closing price of 6.83. Despite this, the company has seen a fall of -24.97% in its stock price over the last five trading days. The Wall Street Journal reported on 02/24/23 that Carvana Veers Clear of Junkyard—for Now
Analysts’ Opinion of CVNA
In the past week, CVNA stock has gone down by -24.97%, with a monthly decline of -39.75% and a quarterly surge of 34.14%. The volatility ratio for the week is 13.60%, and the volatility levels for the last 30 days are 13.91% for Carvana Co. The simple moving average for the last 20 days is -29.23% for CVNA stock, with a simple moving average of -65.12% for the last 200 days.
Analysts’ Opinion of CVNA
Many brokerage firms have already submitted their reports for CVNA stocks, with Truist repeating the rating for CVNA by listing it as a “Hold.” The predicted price for CVNA in the upcoming period, according to Truist is $5 based on the research report published on December 21st of the previous year 2022.
CVNA Trading at -24.37% from the 50-Day Moving Average
After a stumble in the market that brought CVNA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -95.60% of loss for the given period.
Volatility was left at 13.91%, however, over the last 30 days, the volatility rate increased by 13.60%, as shares sank -38.26% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +39.62% upper at present.
During the last 5 trading sessions, CVNA fell by -25.22%, which changed the moving average for the period of 200-days by -78.71% in comparison to the 20-day moving average, which settled at $9.18. In addition, Carvana Co. saw 40.08% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CVNA starting from Taira Thomas, who purchase 35,000 shares at the price of $6.86 back on Nov 22. After this action, Taira Thomas now owns 77,518 shares of Carvana Co., valued at $240,100 using the latest closing price.
GILL DANIEL J., the Chief Product Officer of Carvana Co., purchase 133,000 shares at $7.62 during a trade that took place back on Nov 21, which means that GILL DANIEL J. is holding 263,415 shares at $1,013,460 based on the most recent closing price.
Stock Fundamentals for CVNA
Current profitability levels for the company are sitting at:
- -10.95 for the present operating margin
- +7.36 for the gross margin
The net margin for Carvana Co. stands at -11.67.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.77.
Conclusion
To sum up, Carvana Co. (CVNA) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
