CarParts.com, Inc. (NASDAQ:PRTS - Get Free Report) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $0.96 and traded as high as $1.12. CarParts.com shares last traded at $1.09, with a volume of 619,273 shares traded.
Analyst Upgrades and Downgrades
PRTS has been the subject of several recent research reports. StockNews.com upgraded shares of CarParts.com from a "sell" rating to a "hold" rating in a research note on Tuesday, November 12th. Royal Bank of Canada reduced their target price on shares of CarParts.com from $0.90 to $0.80 and set a "sector perform" rating for the company in a research note on Wednesday, October 30th.
Check Out Our Latest Stock Analysis on CarParts.com
CarParts.com Trading Down 0.9 %
The firm's 50 day moving average is $1.10 and its 200 day moving average is $0.96. The company has a market cap of $63.14 million, a PE ratio of -2.04 and a beta of 2.02. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.62 and a quick ratio of 0.57.
Hedge Funds Weigh In On CarParts.com
Several hedge funds have recently bought and sold shares of PRTS. Thompson Davis & CO. Inc. purchased a new position in CarParts.com during the fourth quarter valued at approximately $27,000. Raymond James Financial Inc. bought a new stake in CarParts.com during the fourth quarter valued at approximately $39,000. XTX Topco Ltd lifted its position in CarParts.com by 14.9% during the third quarter. XTX Topco Ltd now owns 78,917 shares of the specialty retailer's stock valued at $72,000 after purchasing an additional 10,230 shares during the last quarter. Northern Trust Corp grew its stake in CarParts.com by 8.6% in the 4th quarter. Northern Trust Corp now owns 138,525 shares of the specialty retailer's stock worth $150,000 after buying an additional 10,954 shares in the last quarter. Finally, Williams & Novak LLC grew its stake in CarParts.com by 19.2% in the 4th quarter. Williams & Novak LLC now owns 151,500 shares of the specialty retailer's stock worth $164,000 after buying an additional 24,400 shares in the last quarter. Hedge funds and other institutional investors own 75.30% of the company's stock.
CarParts.com Company Profile
(
Get Free Report)
CarParts.com, Inc, together with its subsidiaries, operates as an online provider of aftermarket auto parts and accessories in the United States and the Philippines. It offers replacement parts, such as parts for the exterior of an automobile; mirror products; engine and chassis components, as well as other mechanical and electrical parts; and performance parts and accessories.
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