Gaining Ground: CarParts.com Inc (PRTS) Closes Lower at 0.80, Down -0.97

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The price of CarParts.com Inc (NASDAQ: PRTS) closed at $0.80 in the last session, down -0.97% from day before closing price of $0.80. In other words, the price has decreased by -$0.97 from its previous closing price. On the day, 0.69 million shares were traded. PRTS stock price reached its highest trading level at $0.8499 during the session, while it also had its lowest trading level at $0.7819.

Ratios:

We take a closer look at PRTS’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.51 and its Current Ratio is at 1.67. In the meantime, Its Debt-to-Equity ratio is 0.45 whereas as Long-Term Debt/Eq ratio is at 0.35.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Lake Street on March 04, 2022, initiated with a Buy rating and assigned the stock a target price of $18.

On September 01, 2020, DA Davidson started tracking the stock assigning a Buy rating and target price of $19.DA Davidson initiated its Buy rating on September 01, 2020, with a $19 target price.

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 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.

GREYSON JAY KEITH bought 41,658 shares of PRTS for $43,324 on May 10 ’24. The Director now owns 282,107 shares after completing the transaction at $1.04 per share.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PRTS now has a Market Capitalization of 45557008 and an Enterprise Value of 57763996. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.07 while its Price-to-Book (P/B) ratio in mrq is 0.41. Its current Enterprise Value per Revenue stands at 0.091 whereas that against EBITDA is -7.333.

Stock Price History:

Over the past 52 weeks, PRTS has reached a high of $5.00, while it has fallen to a 52-week low of $0.72. The 50-Day Moving Average of the stock is -24.80%, while the 200-Day Moving Average is calculated to be -60.34%.

Shares Statistics:

According to the various share statistics, PRTS traded on average about 1.16M shares per day over the past 3-months and 1451510 shares per day over the past 10 days. A total of 57.29M shares are outstanding, with a floating share count of 53.82M. Insiders hold about 6.05% of the company’s shares, while institutions hold 59.79% stake in the company. Shares short for PRTS as of 1722384000 were 751404 with a Short Ratio of 0.65, compared to 1719532800 on 2470815. Therefore, it implies a Short% of Shares Outstanding of 751404 and a Short% of Float of 1.53.

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