NEW YORK, June 5, 2017 /PRNewswire/ --
Today's research on DailyStockTracker.com is centered on the Auto Dealerships space, which is engaged in retail sales of new and used passenger cars, light trucks, SUVs, and passenger and cargo vans. The profitability of individual companies depends on the volume and mix of cars and services sold. Equities under assessment this morning are: CarMax Inc. (NYSE: KMX), AutoNation Inc. (NYSE: AN), China Auto Logistics Inc. (NASDAQ: CALI), and Copart Inc. (NASDAQ: CPRT). Learn more about these stocks by signing up for their free reports on DailyStockTracker.com at:
Last Friday, Richmond, Virginia-based CarMax Inc.'s stock declined 0.52%, to close the day at $63.60. A total volume of 1.77 million shares was traded. The Company's shares have advanced 8.68% in the last month. The stock is trading 6.45% above its 50-day moving average and 6.35% above its 200-day moving average. Additionally, shares of CarMax, which through its subsidiaries, operates as a retailer of used vehicles in the US, have a Relative Strength Index (RSI) of 59.61.
On May 18th, 2017, research firm Wedbush upgraded the Company's stock rating from 'Neutral' to 'Outperform' while revising its previous target price from $60 a share to $70 a share. The free research report on KMX is available at:
Shares in Fort Lauderdale, Florida headquartered AutoNation Inc. saw a decline of 1.21%, finishing Friday's session at $39.86. The stock recorded a trading volume of 939,445 shares. The Company's shares are trading below their 50-day moving average by 2.77%. Furthermore, shares of AutoNation, which through its subsidiaries, operates as an automotive retailer in the US, have an RSI of 49.34.
On May 15th, 2017, AutoNation announced the resignation of William "Bill" Berman as President and COO. Berman will continue to serve as an employee of the Company in an advisory capacity through June 30th, 2017. Mike Jackson, AutoNation's Chairman and CEO, will assume all operating responsibilities as the Company begins the selection process for a new President and COO. The complimentary report on AN can be downloaded at:
China Auto Logistics
Tianjin, the People's Republic of China headquartered China Auto Logistics Inc.'s stock finished 2.11% lower at $2.32 last Friday at the close. A total volume of 35,614 shares was traded. The Company's shares have advanced 1.35% in the previous three months. The stock is trading below its 50-day moving average by 8.41%. Additionally, shares of China Auto Logistics, which together with its subsidiaries, sells and trades in imported automobiles in the People's Republic of China, have an RSI of 41.35.
On May 15th, 2017, China Auto Logistics announced results for its Q1 ended March 31st, 2017. Net revenue for the quarter was $110,533,781; net loss from continuing operations attributable to shareholders was $(135,246); net revenue from Sales of Automobiles was $109,795,054; and operating income from Sales of Automobiles was $29,958. As of March 31st, 2017, cash and cash equivalents were $3,003,497. Visit us today and download our complete research report on CALI for free at:
Dallas, Texas headquartered Copart Inc.'s shares ended the session 0.22% lower at $31.72. The stock recorded a trading volume of 878,761 shares. Shares of the Company have advanced 4.79% in the last month, 4.88% over the previous three months, and 14.49% on an YTD basis. The stock is trading 4.39% above its 50-day moving average and 12.04% above its 200-day moving average. Moreover, shares of Copart, which provides online auctions and vehicle remarketing services, have an RSI of 66.07.
On June 01st, 2017, Copart announced the expansion of its location in Eight Mile, Alabama, near Mobile. This marks the sixth expansion and ninth new Copart location announced this year. The expansion of the Company's location in Eight Mile increases capacity for storing salvage and clean title vehicles that are sold through weekly, live online auctions. Get free access to your technical report on CPRT at:
Daily Stock Tracker:
Daily Stock Tracker (DST) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. DST has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
DST has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email firstname.lastname@example.org. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by DST. DST is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
DST, the Author, and the Reviewer are 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 whatsoever for any direct, indirect or consequential loss arising from the use of this document. DST, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, DST, the Author, and the Reviewer do 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.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither DST nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Phone number: (207)-331-3313
Office Address: 377 Rivonia Boulevard, Rivonia, South Africa
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA