In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
Truecar Inc (NASDAQ: TRUE) closed the day trading at $1.91 up 3.80% from the previous closing price of $1.84. In other words, the price has increased by $3.80 from its previous closing price. On the day, 0.2 million shares were traded. TRUE stock price reached its highest trading level at $1.965 during the session, while it also had its lowest trading level at $1.85.
Ratios:
For a better understanding of TRUE, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.71 and its Current Ratio is at 4.71. In the meantime, Its Debt-to-Equity ratio is 0.10 whereas as Long-Term Debt/Eq ratio is at 0.07.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 21 ’24 when Swart Jeff sold 20,000 shares for $2.82 per share. The transaction valued at 56,304 led to the insider holds 390,600 shares of the business.
JEFFREY J. SWART bought 20,000 shares of TRUE for $56,304 on Aug 21 ’24.
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 167461920 and an Enterprise Value of 79436096. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.93 while its Price-to-Book (P/B) ratio in mrq is 1.50. Its current Enterprise Value per Revenue stands at 0.443 whereas that against EBITDA is -2.36.
Stock Price History:
The Beta on a monthly basis for TRUE is 2.04, which has changed by -0.39365077 over the last 52 weeks, in comparison to a change of 0.12792087 over the same period for the S&P500. Over the past 52 weeks, TRUE has reached a high of $4.62, while it has fallen to a 52-week low of $1.05. The 50-Day Moving Average of the stock is 21.25%, while the 200-Day Moving Average is calculated to be -31.08%.
Shares Statistics:
Over the past 3-months, TRUE traded about 327.80K shares per day on average, while over the past 10 days, TRUE traded about 302010 shares per day. A total of 87.52M shares are outstanding, with a floating share count of 67.34M. Insiders hold about 23.19% of the company’s shares, while institutions hold 64.93% stake in the company. Shares short for TRUE as of 1749772800 were 1283517 with a Short Ratio of 3.92, compared to 1747267200 on 1108301. Therefore, it implies a Short% of Shares Outstanding of 1283517 and a Short% of Float of 1.91.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
