Carsales.Com (ASX:CAR) Stock Price Passes Above 50-Day Moving Average of $15.49

Carsales.Com Ltd (ASX:CAR) shares passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $15.49 and traded as high as $16.24. Carsales.Com shares last traded at $16.20, with a volume of 910,621 shares.

The company has a current ratio of 2.46, a quick ratio of 1.92 and a debt-to-equity ratio of 152.95. The firm has a market capitalization of $3.97 billion and a PE ratio of 46.42. The firm has a 50-day moving average of A$15.49 and a two-hundred day moving average of A$14.45.

In other Carsales.Com news, insider Cameron McIntyre 66,343 shares of Carsales.Com stock in a transaction dated Wednesday, September 4th.

Carsales.Com Company Profile (ASX:CAR) Limited is an online automotive, motorcycle and marine classifieds business. The Company’s carsales network is an online destination for buying and selling cars, motorbikes, trucks, boats, caravans and machinery equipment. Its segments include Online Advertising Services, Data and Research Services, International, and Finance and Related Services.

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