Carvana Co. (NYSE:CVNA) price on Wednesday, July 10, rose 4.19% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $130.97.
A look at the stock’s price movement, the close in the last trading session was $125.70. The PE ratio in trailing twelve months stood at 52.75. Turning to its 52-week performance, $136.92 and $25.09 were the 52-week high and 52-week low respectively. Overall, CVNA moved 22.91% over the past month.
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Carvana Co.’s market cap currently stands at around $15.32 billion.
Turning to the stock’s technical picture we see that short term indicators suggest on average that CVNA is a 100% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
CVNA’s current price about 10.63% and 16.45% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 63.33, while 7-day volatility ratio is 5.34% and 6.46% in the 30-day chart. Further, Carvana Co. (CVNA) has a beta value of 3.36, and an average true range (ATR) of 7.47.
If we refocus on Carvana Co. (NYSE:CVNA), historical trading data shows that trading volumes averaged 4.71 million over the past 3 months. The company’s latest data on shares outstanding shows there are 114.24 million shares.
The 14.60% of Carvana Co.’s shares are in the hands of company insiders while institutional holders own 88.29% of the company’s shares. Current price change has pushed the stock 147.39% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the CVNA stock continues to rise going into the next quarter.