Shares of CarParts.com, Inc. (NASDAQ:PRTS - Get Free Report) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $0.95 and traded as high as $0.96. CarParts.com shares last traded at $0.95, with a volume of 330,435 shares trading hands.
Wall Street Analyst Weigh In
A number of analysts have recently weighed in on PRTS shares. StockNews.com upgraded shares of CarParts.com from a "sell" rating to a "hold" rating in a report on Tuesday, November 12th. Royal Bank of Canada reduced their price objective on CarParts.com from $0.90 to $0.80 and set a "sector perform" rating on the stock in a research note on Wednesday, October 30th.
View Our Latest Research Report on PRTS
CarParts.com Trading Up 0.7 %
The company's 50 day moving average price is $0.93 and its two-hundred day moving average price is $0.95. The firm has a market cap of $54.33 million, a PE ratio of -1.75 and a beta of 2.04. The company has a quick ratio of 0.57, a current ratio of 1.62 and a debt-to-equity ratio of 0.10.
CarParts.com (NASDAQ:PRTS - Get Free Report) last posted its quarterly earnings data on Tuesday, October 29th. The specialty retailer reported ($0.17) earnings per share for the quarter, missing analysts' consensus estimates of ($0.11) by ($0.06). The firm had revenue of $144.75 million during the quarter. CarParts.com had a negative return on equity of 29.57% and a negative net margin of 5.11%.
Hedge Funds Weigh In On CarParts.com
Hedge funds have recently bought and sold shares of the business. XTX Topco Ltd boosted its stake in shares of 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 period. Williams & Novak LLC increased its position in shares of CarParts.com by 11.1% during the third quarter. Williams & Novak LLC now owns 127,100 shares of the specialty retailer's stock worth $115,000 after acquiring an additional 12,650 shares during the period. Cullen Frost Bankers Inc. purchased a new position in shares of CarParts.com during the second quarter worth approximately $50,000. Assenagon Asset Management S.A. raised its stake in shares of CarParts.com by 40.1% during the third quarter. Assenagon Asset Management S.A. now owns 275,470 shares of the specialty retailer's stock valued at $250,000 after acquiring an additional 78,866 shares in the last quarter. Finally, FMR LLC boosted its holdings in shares of CarParts.com by 26.6% in the third quarter. FMR LLC now owns 426,441 shares of the specialty retailer's stock valued at $386,000 after purchasing an additional 89,645 shares during the period. Institutional investors own 75.30% of the company's stock.
CarParts.com Company Profile
(
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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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