Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
As of close of business last night, Truecar Inc’s stock clocked out at $1.85, down -5.13% from its previous closing price of $1.95. In other words, the price has decreased by -$5.13 from its previous closing price. On the day, 0.79 million shares were traded. TRUE stock price reached its highest trading level at $1.97 during the session, while it also had its lowest trading level at $1.79.
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 4.71 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 162201344 and an Enterprise Value of 75052280. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.90 while its Price-to-Book (P/B) ratio in mrq is 1.46. Its current Enterprise Value per Revenue stands at 0.418 whereas that against EBITDA is -2.23.
Stock Price History:
The Beta on a monthly basis for TRUE is 2.03, which has changed by -0.4945355 over the last 52 weeks, in comparison to a change of 0.15366066 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 6.71%, while the 200-Day Moving Average is calculated to be -30.39%.
Shares Statistics:
It appears that TRUE traded 283.94K shares on average per day over the past three months and 232060 shares per day over the past ten days. A total of 87.52M shares are outstanding, with a floating share count of 67.35M. Insiders hold about 23.18% of the company’s shares, while institutions hold 64.82% stake in the company. Shares short for TRUE as of 1752537600 were 1041367 with a Short Ratio of 3.67, compared to 1749772800 on 1283517. Therefore, it implies a Short% of Shares Outstanding of 1041367 and a Short% of Float of 1.55.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
