CarParts.com, Inc. (NASDAQ:PRTS - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.96 and traded as high as $1.09. CarParts.com shares last traded at $1.01, with a volume of 472,514 shares changing hands.
Wall Street Analysts Forecast Growth
Several analysts recently weighed in on the company. StockNews.com upgraded CarParts.com from a "sell" rating to a "hold" rating in a research note on Tuesday, November 12th. Royal Bank of Canada decreased their target price on 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.
Read Our Latest Stock Analysis on PRTS
CarParts.com Price Performance
The stock has a 50-day simple moving average of $1.11 and a 200 day simple moving average of $0.96. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.57 and a current ratio of 1.62. The company has a market cap of $54.20 million, a P/E ratio of -1.75 and a beta of 2.02.
Institutional Trading of CarParts.com
A number of hedge funds have recently modified their holdings of the company. XTX Topco Ltd lifted its position in shares of CarParts.com by 14.9% in the 3rd quarter. XTX Topco Ltd now owns 78,917 shares of the specialty retailer's stock worth $72,000 after acquiring an additional 10,230 shares during the period. Northern Trust Corp lifted its position in shares of 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 acquiring an additional 10,954 shares during the period. Williams & Novak LLC lifted its position in shares of 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 acquiring an additional 24,400 shares during the period. Thompson Davis & CO. Inc. bought a new stake in shares of CarParts.com in the 4th quarter worth approximately $27,000. Finally, Raymond James Financial Inc. bought a new stake in shares of CarParts.com in the 4th quarter worth approximately $39,000. Institutional investors own 75.30% of the company's stock.
About CarParts.com
(
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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