CarParts.com Inc (PRTS) kicked off at the price of $0.93: Venture capitalists have an exciting new opportunity

SQ

CarParts.com Inc (NASDAQ: PRTS) on Monday, soared 11.98% from the previous trading day, before settling in for the closing price of $0.83. Within the past 52 weeks, PRTS’s price has moved between $0.68 and $3.65.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Consumer Cyclical Sector giant saw their annual sales surged by 20.41% over the last five years. The company achieved an average annual earnings per share of -322.22%. With a float of $53.95 million, this company’s outstanding shares have now reached $57.40 million.

The firm has a total of 1695 workers. Let’s measure their productivity. In terms of profitability, gross margin is 31.43%, operating margin of -5.22%, and the pretax margin is -5.11%.

CarParts.com Inc (PRTS) Breakdown of a Key Holders of the stock

Observing investor behavior towards Auto Parts industry stocks is more important than anything else. The insider ownership of CarParts.com Inc is 6.01%, while institutional ownership is 59.71%. The most recent insider transaction that took place on Jun 11 ’24, was worth 103,400. In this transaction Director of this company bought 94,000 shares at a rate of $1.10, taking the stock ownership to the 252,097 shares. Before that another transaction happened on May 10 ’24, when Company’s Director bought 41,658 for $1.04, making the entire transaction worth $43,324. This insider now owns 282,107 shares in total.

CarParts.com Inc (PRTS) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around -322.22% 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

CarParts.com Inc (PRTS) is currently performing well based on its current performance indicators. A quick ratio of 0.57 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.09.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.56, a number that is poised to hit -0.19 in the next quarter and is forecasted to reach -0.45 in one year’s time.

Technical Analysis of CarParts.com Inc (PRTS)

Analysing the last 5-days average volume posted by the [CarParts.com Inc, PRTS], we can find that recorded value of 0.8 million was better than the volume posted last year of 0.79 million. As of the previous 9 days, the stock’s Stochastic %D was 75.03%. Additionally, its Average True Range was 0.06.

During the past 100 days, CarParts.com Inc’s (PRTS) raw stochastic average was set at 32.68%, which indicates a significant decrease from 99.88% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 82.89% in the past 14 days, which was higher than the 77.12% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.8406, while its 200-day Moving Average is $1.3552. Now, the first resistance to watch is $0.9700. This is followed by the second major resistance level at $1.0101. The third major resistance level sits at $1.0898. If the price goes on to break the first support level at $0.8502, it is likely to go to the next support level at $0.7705. Now, if the price goes above the second support level, the third support stands at $0.7304.

CarParts.com Inc (NASDAQ: PRTS) Key Stats

Market capitalization of the company is 53.41 million based on 57,400K outstanding shares. Right now, sales total 675,730 K and income totals -8,220 K. The company made 144,270 K in profit during its latest quarter, and -8,690 K in sales during its previous quarter.