In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.
Truecar Inc (NASDAQ: TRUE) closed the day trading at $1.35 down -8.78% from the previous closing price of $1.48. In other words, the price has decreased by -$8.78 from its previous closing price. On the day, 1.42 million shares were traded.
Ratios:
For a better understanding of TRUE, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.11 and its Current Ratio is at 4.11. 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.67 while its Price-to-Book (P/B) ratio in mrq is 1.00.
Stock Price History:
Over the past 52 weeks, TRUE has reached a high of $4.62, while it has fallen to a 52-week low of $1.25. The 50-Day Moving Average of the stock is -21.25%, while the 200-Day Moving Average is calculated to be -56.17%.
Shares Statistics:
A total of 87.19M shares are outstanding, with a floating share count of 67.56M. Insiders hold about 22.80% of the company’s shares, while institutions hold 65.68% stake in the company.
