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The price of Americas Car Mart, Inc. (NASDAQ: CRMT) closed at $43.12 in the last session, down -13.69% from day before closing price of $49.96. In other words, the price has decreased by -$13.69 from its previous closing price. On the day, 1.03 million shares were traded. CRMT stock price reached its highest trading level at $45.4 during the session, while it also had its lowest trading level at $40.595.
Ratios:
We take a closer look at CRMT’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 6.41 and its Current Ratio is at 6.99. In the meantime, Its Debt-to-Equity ratio is 1.81 whereas as Long-Term Debt/Eq ratio is at 1.79.
Stephens Upgraded its Equal-Weight to Overweight on July 17, 2023, whereas the target price for the stock was revised from $70 to $135.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jun 18 ’24 when Peterson Adam K bought 26,410 shares for $57.74 per share. The transaction valued at 1,524,913 led to the insider holds 768,410 shares of the business.
Peterson Adam K bought 13,550 shares of CRMT for $784,138 on Apr 11 ’24. The 10% Owner now owns 742,000 shares after completing the transaction at $57.87 per share. On Apr 08 ’24, another insider, Campbell Douglas W. Jr., who serves as the President & CEO of the company, bought 3,229 shares for $61.62 each. As a result, the insider paid 198,985 and bolstered with 70,841 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CRMT now has a Market Capitalization of 275828288 and an Enterprise Value of 1124610176. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.20 while its Price-to-Book (P/B) ratio in mrq is 0.59. Its current Enterprise Value per Revenue stands at 0.821 whereas that against EBITDA is 37.205.
Stock Price History:
Over the past 52 weeks, CRMT has reached a high of $93.63, while it has fallen to a 52-week low of $45.40. The 50-Day Moving Average of the stock is -28.34%, while the 200-Day Moving Average is calculated to be -30.84%.
Shares Statistics:
According to the various share statistics, CRMT traded on average about 83.88K shares per day over the past 3-months and 183950 shares per day over the past 10 days. A total of 6.39M shares are outstanding, with a floating share count of 5.82M. Insiders hold about 9.03% of the company’s shares, while institutions hold 86.68% stake in the company. Shares short for CRMT as of 1724976000 were 809682 with a Short Ratio of 9.65, compared to 1722384000 on 902036. Therefore, it implies a Short% of Shares Outstanding of 809682 and a Short% of Float of 20.05.
