Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The closing price of CarParts.com Inc (NASDAQ: PRTS) was $0.82 for the day, up 1.36% from the previous closing price of $0.81. In other words, the price has increased by $1.36 from its previous closing price. On the day, 1.2 million shares were traded.
Ratios:
Our analysis of PRTS’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.54 and its Current Ratio is at 1.54. In the meantime, Its Debt-to-Equity ratio is 0.49 whereas as Long-Term Debt/Eq ratio is at 0.38.
On March 04, 2022, Lake Street started tracking the stock assigning a Buy rating and target price of $18.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jun 11 ’24 when BARNES JIM bought 94,000 shares for $1.10 per share. The transaction valued at 103,400 led to the insider holds 252,097 shares of the business.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.08 while its Price-to-Book (P/B) ratio in mrq is 0.52.
Stock Price History:
Over the past 52 weeks, PRTS has reached a high of $1.45, while it has fallen to a 52-week low of $0.68. The 50-Day Moving Average of the stock is -12.74%, while the 200-Day Moving Average is calculated to be -14.26%.
Shares Statistics:
A total of 58.49M shares are outstanding, with a floating share count of 54.23M. Insiders hold about 7.28% of the company’s shares, while institutions hold 43.88% stake in the company.
