Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
As of close of business last night, Truecar Inc’s stock clocked out at $2.19, up 1.39% from its previous closing price of $2.16. In other words, the price has increased by $1.39 from its previous closing price. On the day, 0.69 million shares were traded. TRUE stock price reached its highest trading level at $2.219 during the session, while it also had its lowest trading level at $2.17.
Ratios:
To gain a deeper understanding of TRUE’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.49 and its Current Ratio is at 4.49. In the meantime, Its Debt-to-Equity ratio is 0.09 whereas as Long-Term Debt/Eq ratio is at 0.05.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TRUE now has a Market Capitalization of 194778704 and an Enterprise Value of 101476712. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.06 while its Price-to-Book (P/B) ratio in mrq is 1.70. Its current Enterprise Value per Revenue stands at 0.56 whereas that against EBITDA is -2.782.
Stock Price History:
The Beta on a monthly basis for TRUE is 2.24, which has changed by -0.31987578 over the last 52 weeks, in comparison to a change of 0.19362879 over the same period for the S&P500. Over the past 52 weeks, TRUE has reached a high of $3.83, while it has fallen to a 52-week low of $1.05. The 50-Day Moving Average of the stock is -1.03%, while the 200-Day Moving Average is calculated to be 15.01%.
Shares Statistics:
It appears that TRUE traded 923.88K shares on average per day over the past three months and 861930 shares per day over the past ten days. A total of 88.85M shares are outstanding, with a floating share count of 69.99M. Insiders hold about 21.31% of the company’s shares, while institutions hold 72.29% stake in the company. Shares short for TRUE as of 1765756800 were 1221612 with a Short Ratio of 1.32, compared to 1763078400 on 1668122. Therefore, it implies a Short% of Shares Outstanding of 1221612 and a Short% of Float of 1.79.
