Technical Study: CarMax Inc., AutoNation Inc., O'Reilly Automotive Inc., and Advance Auto Parts Inc.
Editor Note: For more information about this release, please scroll to bottom
Sep 26, 2013, 11:32 ET
LONDON, September 26, 2013 /PRNewswire/ --
The U.S. equity market declined on Wednesday, September 25, 2013. The S&P 500 fell by 0.27%, closing at 1,692.77; the Dow Jones Industrial Average lost 0.40%, closing at 15,273.26; and the NASDAQ Composite closed at 3,761.10, down 0.19%. Shares of companies in the services-auto auxiliary sector ended on a mixed note, even as the broader market declined. The major movers in the sector included CarMax Inc. (NYSE: KMX), AutoNation Inc. (NYSE: AN), O'Reilly Automotive Inc. (NASDAQ: ORLY), and Advance Auto Parts Inc. (NYSE: AAP). AAAResearchReports.com free coverage on KMX, AN, ORLY, and AAP is available upon registration at:
On Wednesday, CarMax Inc.'s stock plummeted 3.84%, reversing all the gains from the previous trading session. The company's shares ended the day at $49.80 after fluctuating between $49.64 and $51.12. A total of 2.11 million shares were traded, which is above the daily average volume of 1.09 million. Despite the recent losses, the company's shares have advanced 12.26% in the previous three months and 1.92% in the last one month, outperforming the S&P 500 which has gained 6.60% and 1.76% during the respective periods. Further, CarMax Inc.'s stock is trading above its 50-day and 200-day moving averages of $49.14 and $43.93, respectively. Download free technical research on KMX by signing up at:
Shares in AutoNation Inc. fell sharply on Wednesday, tracking losses in the broader market. The company's shares closed the day 1.46% lower at $52.71 after trading between $52.55 and $53.40. A total of 0.78 million shares were traded, which is below the daily average volume of 1.12 million. Despite Wednesday's losses the company's shares have surged 23.41% in the last three months and 13.55% in the previous one month, compared to a gain of 6.60% and 1.76% in the S&P 500 during the respective periods. Moreover, AutoNation Inc.'s stock is trading above its 50-day and 200-day moving averages of $48.38 and $45.16, respectively. Register now and get access to free analysis on AN at:
On Wednesday, O'Reilly Automotive Inc.'s stock advanced to close at $125.03, up 0.75% from the previous day's closing price of $124.10. The company's shares oscillated between $123.87 and $125.78 during the trading session. A total of 0.83 million shares were traded, which is above the daily average volume of 0.61 million. The company's shares have gained 12.31% in the previous three months, compared to a gain of 6.60% in the S&P 500 during the respective periods. Additionally, O'Reilly Automotive Inc.'s stock is trading above its 50-day and 200-day moving averages of $123.67 and $107.77, respectively. Sign up and read our complimentary report on ORLY at:
Shares in Advance Auto Parts Inc. rose sharply on Wednesday, extending the gains from the previous trading session. The company's shares finished the day 1.70% higher at $81.46 after fluctuating between $79.97 and $81.57 during the trading session. A total of 0.77 million shares were traded, which is above the daily average volume of 0.63 million. The company's shares have gained 1.00% in the previous three trading sessions, outperforming the S&P 500 which has lost 1.00% during the same period. Further, Advance Auto Parts Inc.'s stock is trading above its 200-day moving averages of $79.73. The free report on AAP can be downloaded by signing up now at:
- This is not company news. We are an independent source and our views do not reflect the companies mentioned.
- Information in this release is fact checked and produced on a best efforts basis and reviewed by Ananya Ghosh, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
- This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
- If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected].
- For any urgent concerns or inquiries, please contact us at [email protected].
- Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider represented by Ananya Ghosh, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE AAA Research Reports
Share this article