$733.37K in average volume shows that CarParts.com Inc (PRTS) is heading in the right direction

On Tuesday, CarParts.com Inc (NASDAQ: PRTS) was -3.10% down from the session before settling in for the closing price of $1.29. A 52-week range for PRTS has been $1.25 – $5.16.

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During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 20.41%. When this article was written, the company’s average yearly earnings per share was at -140.00%. With a float of $51.67 million, this company’s outstanding shares have now reached $53.71 million.

Let’s determine the extent of company efficiency that accounts for 1695 employees.

CarParts.com Inc (PRTS) Insider Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward CarParts.com Inc stocks. The insider ownership of CarParts.com Inc is 8.71%, while institutional ownership is 75.10%. The most recent insider transaction that took place on Aug 04 ’23, was worth 10,875. In this transaction Chief Operating Officer of this company bought 2,466 shares at a rate of $4.41, taking the stock ownership to the 4,169 shares. Before that another transaction happened on May 15 ’23, when Company’s Chief Financial Officer sold 818 for $4.43, making the entire transaction worth $3,624. This insider now owns 59,917 shares in total.

CarParts.com Inc (PRTS) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around -140.00% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.00% during the next five years compared to -0.12% drop over the previous five years of trading.

CarParts.com Inc (NASDAQ: PRTS) Trading Performance Indicators

You can see what CarParts.com Inc (PRTS) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.57. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.10. Likewise, its price to free cash flow for the trailing twelve months is 1.86.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.15, a number that is poised to hit -0.10 in the next quarter and is forecasted to reach -0.25 in one year’s time.

Technical Analysis of CarParts.com Inc (PRTS)

Looking closely at CarParts.com Inc (NASDAQ: PRTS), its last 5-days average volume was 0.67 million, which is a drop from its year-to-date volume of 0.68 million. As of the previous 9 days, the stock’s Stochastic %D was 7.29%. Additionally, its Average True Range was 0.09.

During the past 100 days, CarParts.com Inc’s (PRTS) raw stochastic average was set at 0.00%, which indicates a significant increase from 0.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 36.19% in the past 14 days, which was lower than the 61.61% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.9320, while its 200-day Moving Average is $3.2618. However, in the short run, CarParts.com Inc’s stock first resistance to watch stands at $1.2900. Second resistance stands at $1.3300. The third major resistance level sits at $1.3500. If the price goes on to break the first support level at $1.2300, it is likely to go to the next support level at $1.2100. Should the price break the second support level, the third support level stands at $1.1700.

CarParts.com Inc (NASDAQ: PRTS) Key Stats

There are 56,597K outstanding shares of the company, which has a market capitalization of 70.75 million. As of now, sales total 675,730 K while income totals -8,220 K. Its latest quarter income was 156,400 K while its last quarter net income were -6,090 K.