America’s Car-Mart (CRMT) Catches Eye: Stock Surges 14.2% – Tale of the Tape

Zacks

America's Car-Mart Inc. (CRMT) was a big mover last session, as the company saw its shares rise over 14% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company as the stock is now trading above the volatile price range of $42.79 to $48.70 in the past one-month time frame.

The company has seen no estimate revisions over the past 30 days and the Zacks Consensus Estimate is unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

America's Car-Mart currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.

Some other stocks worth considering in the auto dealership industry include AutoNation Inc. (AN), Penske Automotive Group, Inc. (PAG) and Rush Enterprises, Inc. (RUSHA). While Rush Enterprises sports a Zacks Rank #1, the other two stocks hold a Zacks Rank #2 (Buy).

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

To read this article on Zacks.com click here.

Get all Zacks Research Reports and be alerted to fast-breaking buy and sell opportunities every trading day.

Be the first to comment

Leave a Reply