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The closing price of Truecar Inc (NASDAQ: TRUE) was $1.45 for the day, down -2.03% from the previous closing price of $1.48. In other words, the price has decreased by -$2.03 from its previous closing price. On the day, 0.53 million shares were traded.
Ratios:
Our analysis of TRUE’s different ratios will help us gain a deeper understanding of the company. 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:
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 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 0.71 while its Price-to-Book (P/B) ratio in mrq is 1.14.
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 $1.05. The 50-Day Moving Average of the stock is -10.74%, while the 200-Day Moving Average is calculated to be -52.03%.
Shares Statistics:
A total of 87.52M shares are outstanding, with a floating share count of 67.69M. Insiders hold about 22.80% of the company’s shares, while institutions hold 65.46% stake in the company.
