Carvana Co (NYSE:CVNA) shares, rose in value on Thursday, March 27, with the stock price down by -0.45% to the previous day’s close as strong demand from buyers drove the stock to $203.95.
Actively observing the price movement in the last trading, the stock closed the session at $204.87, falling within a range of $195.65 and $211.99. The value of beta (5-year monthly) was 3.571 whereas the PE ratio was 129.71 over 12-month period. Referring to stock’s 52-week performance, its high was $292.84, and the low was $67.61. On the whole, CVNA has fluctuated by -12.33% over the past month.
With the market capitalization of Carvana Co currently standing at about $43.54 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-18.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 16.46B, with a low estimate of 3.64B and a high estimate of 4.11B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 3.9B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CVNA’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a Hold.
The stock’s technical analysis shows that the PEG ratio is about 2.65, with the price of CVNA currently trading nearly 5.14% and -9.90% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 49.42, while the 7-day volatility ratio is showing 8.34% which for the 30-day chart, stands at 8.98%. Furthermore, Carvana Co (CVNA)’s beta value is 3.66, and its average true range (ATR) is 17.14.
A comparison of Carvana Co (CVNA) with its peers suggests the former has fared considerably weaker in the market. CVNA showed an intraday change of -0.45% in last session, and over the past year, it grew by 130.69%%.
Data on historical trading for Carvana Co (NYSE:CVNA) indicates that the trading volumes over the past 10 days have averaged 5.62 and over the past 3 months, they’ve averaged 4.50 million. According to company’s latest data on outstanding shares, there are 133.27 million shares outstanding.
Nearly 9.47% of Carvana Co’s shares belong to company insiders and institutional investors own 87.11% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 8.66 million shares as on 2025-03-14, resulting in a short ratio of 1.54. According to the data, the short interest in Carvana Co (CVNA) stood at 755.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 10.49 million. The stock has risen by 0.29% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CVNA stock heading into the next quarter.
