Cazoo Group Ltd (NYSE: CZOO)’s stock price has gone decline by -10.05 in comparison to its previous close of 10.55, however, the company has experienced a -20.19% decrease in its stock price over the last five trading days. Invezz reported 2024-04-24 that Cazoo Group Ltd opened about 30% up today after going live as a marketplace. Cazoo to go up against CarGurus and Auto Trader There are a total of about 12,000 cars listed on the platform as of Wednesday.
Is It Worth Investing in Cazoo Group Ltd (NYSE: CZOO) Right Now?
The 36-month beta value for CZOO is at 2.40. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for CZOO is 4.30M, and currently, shorts hold a 3.39% of that float. The average trading volume for CZOO on May 06, 2024 was 1.94M shares.
CZOO’s Market Performance
The stock of Cazoo Group Ltd (CZOO) has seen a -20.19% decrease in the past week, with a -42.13% drop in the past month, and a 124.35% gain in the past quarter. The volatility ratio for the week is 24.12%, and the volatility levels for the past 30 days are at 31.80% for CZOO. The simple moving average for the past 20 days is 3.60% for CZOO’s stock, with a -77.71% simple moving average for the past 200 days.
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 38.81% 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 -94.98% of loss for the given period.
Volatility was left at 31.80%, however, over the last 30 days, the volatility rate increased by 24.12%, as shares sank -17.84% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +101.91% upper at present.
During the last 5 trading sessions, CZOO fell by -20.19%, which changed the moving average for the period of 200-days by -93.99% in comparison to the 20-day moving average, which settled at $9.06. In addition, Cazoo Group Ltd saw -0.11% 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 0.9. 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
In conclusion, Cazoo Group Ltd (CZOO) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.
