Carvana Co. (NYSE: CVNA) is 33.43% higher on its value in year-to-date trading and has touched a low of $6.70 and a high of $94.04 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CVNA stock was last observed hovering at around $69.83 in the last trading session, with the day’s gains setting it 0.81%.
Currently trading at $70.64, the stock is -15.28% and -2.63% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.57 million and changing 1.16% at the moment leaves the stock 45.14% off its SMA200. CVNA registered 687.51% gain for a year compared to 6-month gain of 108.56%.
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The stock witnessed a -11.23% loss in the last 1 month and extending the period to 3 months gives it a 67.04%, and is -15.58% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.29% over the week and 5.55% over the month.
Carvana Co. (CVNA) has around 13700 employees, a market worth around $8.21B and $10.77B in sales. Current P/E ratio is 95.14. Profit margin for the company is 4.18%. Distance from 52-week low is 954.33% and -24.88% from its 52-week high. The company has generated returns on investments over the last 12 months (7.39%).
The EPS is expected to shrink by -481.45% this year.
Carvana Co. (CVNA) Top Institutional Holders
The shares outstanding are 114.24M, and float is at 96.28M with Short Float at 30.29%.
Carvana Co. (CVNA) Insider Activity
The most recent transaction is an insider sale by GARCIA ERNEST C. II,the company’s10% Owner. SEC filings show that GARCIA ERNEST C. II sold 50,000 shares of the company’s common stock on Apr 11 ’24 at a price of $80.13 per share for a total of $4.01 million. Following the sale, the insider now owns 3.31 million shares.
Carvana Co. disclosed in a document filed with the SEC on Apr 02 ’24 that GILL DANIEL J. (Chief Product Officer) sold a total of 10,335 shares of the company’s common stock. The trade occurred on Apr 02 ’24 and was made at $82.85 per share for $0.86 million. Following the transaction, the insider now directly holds 0.39 million shares of the CVNA stock.
Still, SEC filings show that on Apr 02 ’24, GARCIA ERNEST C. III (Chief Executive Officer) disposed off 9,390 shares at an average price of $82.83 for $0.78 million. The insider now directly holds 861,458 shares of Carvana Co. (CVNA).
