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The Significance of Moving Averages in CarParts.com Inc Inc. (PRTS) Price Performance

A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The metric has seen a significant loss of -43.67% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -58.89%. Over the past 30 days, the price of PRTS has leaped by -29.08%. And in the last five days, it has fallen by -27.94%.

CarParts.com Inc ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $5.97 on 03/14/23, while the lowest value for the same period was recorded at $1.87 on 03/12/24.

52-week price history of PRTS Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. CarParts.com Inc’s current trading price is -70.16% away from its 52-week high, while its distance from the 52-week low is -4.81%. The stock’s price range during this period has varied between$1.87 and $5.97. The CarParts.com Inc’s shares, which operate in the Consumer Cyclical, saw a trading volume of around 2.35 million for the day, a figure considerably higher than their average daily volume of 0.59 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

CarParts.com Inc (PRTS) has experienced a quarterly decline of -44.03% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 102.35M and boasts a workforce of 1695 employees.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 2.9828, with a change in price of -2.1300. Similarly, CarParts.com Inc recorded 572,836 in trading volume during the last 100 days, posting a change of -54.48%.

PRTS’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look

The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for PRTS stands at 0.34. Similarly, the long-term debt-to-equity ratio is also 0.26.

PRTS Stock Stochastic Average

CarParts.com Inc’s raw stochastic average for the past 50 days is presently 3.41%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 4.80%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 5.27% and 10.96%, respectively.