What Recent Market Trends Mean for Cazoo Group Ltd’s (CZOO) Stock

In the past week, CZOO stock has gone up by 51.17%, with a monthly gain of 144.47% and a quarterly surge of 116.99%. The volatility ratio for the week is 17.57%, and the volatility levels for the last 30 days are 39.17% for Cazoo Group Ltd The simple moving average for the last 20 days is -0.90% for CZOO stock, with a simple moving average of -81.00% for the last 200 days.

Is It Worth Investing in Cazoo Group Ltd (NYSE: CZOO) Right Now?

Moreover, the 36-month beta value for CZOO is 2.61. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

The public float for CZOO is 4.30M and currently, short sellers hold a 8.01% of that float. On April 23, 2024, CZOO’s average trading volume was 1.21M shares.

CZOO) stock’s latest price update

Cazoo Group Ltd (NYSE: CZOO) has seen a rise in its stock price by 81.76 in relation to its previous close of 4.99. However, the company has experienced a 51.17% gain in its stock price over the last five trading sessions. Invezz reported 2024-03-27 that Cazoo (NYSE: CZOO) stock price was one of the top performers in Wall Street on Wednesday. The shares surged by more than 75%, its best day since going public a few years ago.

Analysts’ Opinion of CZOO

Many brokerage firms have already submitted their reports for CZOO stocks, with Berenberg repeating the rating for CZOO by listing it as a “Buy.” The predicted price for CZOO in the upcoming period, according to Berenberg is $2.33 based on the research report published on August 10, 2022 of the previous year 2022.

Citigroup, on the other hand, stated in their research note that they expect to see CZOO reach a price target of $1.50. The rating they have provided for CZOO stocks is “Neutral” according to the report published on June 08th, 2022.

Goldman gave a rating of “Neutral” to CZOO, setting the target price at $2 in the report published on May 25th of the previous year.

CZOO Trading at 52.41% from the 50-Day Moving Average

After a stumble in the market that brought CZOO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -95.62% of loss for the given period.

Volatility was left at 39.17%, however, over the last 30 days, the volatility rate increased by 17.57%, as shares surge +102.74% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +61.52% upper at present.

During the last 5 trading sessions, CZOO rose by +31.10%, which changed the moving average for the period of 200-days by -93.33% in comparison to the 20-day moving average, which settled at $9.35. In addition, Cazoo Group Ltd saw -4.53% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for CZOO

Current profitability levels for the company are sitting at:

  • 0.06 for the present operating margin
  • -0.4 for the gross margin

The total capital return value is set at 0.07. Equity return is now at value -190.47, with -45.41 for asset returns.

Based on Cazoo Group Ltd (CZOO), the company’s capital structure generated 1.17 points at debt to capital in total, while cash flow to debt ratio is standing at 0.08.

Currently, EBITDA for the company is -94.0 million with net debt to EBITDA at 14.26. When we switch over and look at the enterprise to sales, we see a ratio of 0.88. The receivables turnover for the company is 13.94for trailing twelve months and the total asset turnover is 0.82. The liquidity ratio also appears to be rather interesting for investors as it stands at 16.95.

Conclusion

To wrap up, the performance of Cazoo Group Ltd (CZOO) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. 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.

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