Truecar Inc (NASDAQ: TRUE) on Tuesday, soared 3.20% from the previous trading day, before settling in for the closing price of $2.19. Within the past 52 weeks, TRUE’s price has moved between $1.05 and $4.34.
During the last 5-year period, the sales growth of Communication Services Sector giant was 7.87%. The company achieved an average annual earnings per share of 39.29%. With a float of $71.40 million, this company’s outstanding shares have now reached $88.85 million.
Truecar Inc (TRUE) Insider Activity
Observing investor behavior towards Internet Content & Information industry stocks is more important than anything else. The insider ownership of Truecar Inc is 19.72%, while institutional ownership is 72.52%.
Truecar Inc (TRUE) Earnings and Forecasts
As on 12/31/2024, Multinational firm has announced its last quarter scores, in which it reported -0.03 earnings per share (EPS) for the period falling under the consensus outlook (set at -0.02) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.05 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 39.29% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 62.49% during the next five years compared to 7.87% growth over the previous five years of trading.
Truecar Inc (NASDAQ: TRUE) Trading Performance Indicators
Truecar Inc (TRUE) is currently performing well based on its current performance indicators. A quick ratio of 4.49 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 1.11.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.21, a number that is poised to hit -0.01 in the next quarter and is forecasted to reach -0.07 in one year’s time.
Technical Analysis of Truecar Inc (TRUE)
Looking closely at Truecar Inc (NASDAQ: TRUE), its last 5-days average volume was 0.65 million, which is a jump from its year-to-date volume of 0.46 million. As of the previous 9 days, the stock’s Stochastic %D was 69.23%.
During the past 100 days, Truecar Inc’s (TRUE) raw stochastic average was set at 76.52%, which indicates a significant decrease from 100.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.06 in the past 14 days, which was lower than the 0.11 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.15, while its 200-day Moving Average is $1.88. However, in the short run, Truecar Inc’s stock first resistance to watch stands at $2.27. Second resistance stands at $2.29. The third major resistance level sits at $2.31. If the price goes on to break the first support level at $2.23, it is likely to go to the next support level at $2.21. Should the price break the second support level, the third support level stands at $2.19.
Truecar Inc (NASDAQ: TRUE) Key Stats
Market capitalization of the company is 201.01 million based on 88,940K outstanding shares. Right now, sales total 175,600 K and income totals -31,050 K. The company made 43,210 K in profit during its latest quarter, and 5,000 K in sales during its previous quarter.
