The stock of Truecar Inc (TRUE) has gone down by -7.18% for the week, with a -34.64% drop in the past month and a -58.55% drop in the past quarter. The volatility ratio for the week is 4.93%, and the volatility levels for the past 30 days are 6.96% for TRUE. The simple moving average for the past 20 days is -15.27% for TRUE’s stock, with a -47.47% simple moving average for the past 200 days.
Is It Worth Investing in Truecar Inc (NASDAQ: TRUE) Right Now?
The 36-month beta value for TRUE is at 1.94. Analysts have varying views on the stock, with 2 analysts rating it as a “buy,” 1 rating it as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for TRUE is 66.78M, and currently, shorts hold a 1.24% of that float. The average trading volume for TRUE on March 21, 2025 was 300.85K shares.
TRUE) stock’s latest price update
Truecar Inc (NASDAQ: TRUE)’s stock price has gone decline by -0.85 in comparison to its previous close of 1.76, however, the company has experienced a -7.18% decrease in its stock price over the last five trading days. benzinga.com reported 2025-02-21 that JP Morgan analyst Rajat Gupta downgraded TrueCar, Inc. TRUE from Overweight to Neutral.
Analysts’ Opinion of TRUE
Lake Street, on the other hand, stated in their research note that they expect to see TRUE reach a price target of $6. The rating they have provided for TRUE stocks is “Buy” according to the report published on October 07th, 2024.
BTIG Research gave a rating of “Buy” to TRUE, setting the target price at $3.75 in the report published on August 07th of the previous year.
TRUE Trading at -38.63% 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 -62.23% of loss for the given period.
Volatility was left at 6.96%, however, over the last 30 days, the volatility rate increased by 4.93%, as shares sank -30.80% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -49.56% lower at present.
During the last 5 trading sessions, TRUE fell by -7.98%, which changed the moving average for the period of 200-days by -40.34% in comparison to the 20-day moving average, which settled at $2.0587. In addition, Truecar Inc saw -53.22% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at TRUE starting from Swart Jeff, who sale 20,000 shares at the price of $2.82 back on Aug 21 ’24. After this action, Swart Jeff now owns 390,600 shares of Truecar Inc, valued at $56,304 using the latest closing price.
JEFFREY J. SWART, the Officer of Truecar Inc, proposed sale 20,000 shares at $2.82 during a trade that took place back on Aug 21 ’24, which means that JEFFREY J. SWART is holding shares at $56,304 based on the most recent closing price.
Stock Fundamentals for TRUE
Current profitability levels for the company are sitting at:
- -0.21 for the present operating margin
- 0.85 for the gross margin
The net margin for Truecar Inc stands at -0.18. The total capital return value is set at -0.29. Equity return is now at value -22.31, with -16.85 for asset returns.
Based on Truecar Inc (TRUE), the company’s capital structure generated 0.09 points at debt to capital in total, while cash flow to debt ratio is standing at 0.68.
Currently, EBITDA for the company is -18.17 million with net debt to EBITDA at 6.9. When we switch over and look at the enterprise to sales, we see a ratio of 0.29. The receivables turnover for the company is 11.15for trailing twelve months and the total asset turnover is 1.1. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.11.
Conclusion
In conclusion, Truecar Inc (TRUE) 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.
