Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. CarGurus Inc’s current trading price is -24.80% away from its 52-week high, while its distance from the 52-week low is 43.56%. The stock’s price range during this period has varied between $21.65 and $41.33. The company, active in the Consumer Cyclical sector, saw a trading volume of around 2.71 million for the day, considerably higher average daily volume of 1.3 million observed over the last three months.
CarGurus Inc’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $41.33 on 01/30/25, and the lowest price during that time was $21.65, recorded on 08/08/24.
How Financial Performance Impacts Market Capitalization
CarGurus Inc (CARG) has experienced a quarterly decline of -21.48% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.07B and boasts a workforce of 1282 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 33.17, with a change in price of -6.68. Similarly, CarGurus Inc recorded 1,101,078 in trading volume during the last 100 days, posting a change of -17.69%.
How CARG’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for CARG stands at 0.49. Similarly, the long-term debt-to-equity ratio is also 0.46.
CARG Stock Stochastic Average
As of today, the raw stochastic average of CarGurus Inc over the past 50 days is 76.91%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 85.39%. Additionally, the Stochastic %K and %D values for the company were 83.20% and 82.44%, respectively, over the past 20 days.
CARG Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. This year’s metric has recorded a Price decrease of -14.94%. However, over the past six months, we’ve seen a stronger performance of -2.11%. The price of CARG fallen by 11.20% over the last 30 days. And in the last five days, it has surged by 10.25%.
