Today's Research Report Coverage on Auto Dealerships Stocks -- Carvana, China Auto Logistics, Copart, and Penske Automotive
NEW YORK, July 26, 2017 /PRNewswire/ --
If you want a Stock Review on CVNA, CALI, CPRT, or PAG then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. DailyStockTracker.com has initiated coverage on Carvana Co. (NYSE: CVNA), China Auto Logistics Inc. (NASDAQ: CALI), Copart Inc. (NASDAQ: CPRT), and Penske Automotive Group Inc. (NYSE: PAG). Auto Dealerships companies engage 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. Learn more about these stocks by signing up for their free reports on DailyStockTracker.com at:
http://dailystocktracker.com/register/
Carvana
On Tuesday, shares in Phoenix, Arizona headquartered Carvana Co. recorded a trading volume of 394,842 shares. The stock ended the session 3.47% lower at $20.87. The Company's shares have surged 88.02% on an YTD basis. The stock is trading 25.05% above its 50-day moving average and 33.34% above its 200-day moving average. Moreover, shares of Carvana, which operates an e-commerce platform for buying used cars in the US, have a Relative Strength Index (RSI) of 54.43.
On July 17th, 2017, Carvana announced that it will report its Q2 2017 financial results for the period ended June 30th, 2017, following the close of market on August 08th, 2017. On that same day, management will hold a conference call and webcast at 5:00 p.m. ET to review and discuss the Company's business and results. An archived webcast of the conference call will be accessible under the Investor Relations section of the Company's website.
On July 18th, 2017, research firm Wedbush initiated a 'Neutral' rating on the Company's stock, with a target price of $25 per share. The free research report on CVNA is available at:
http://dailystocktracker.com/registration/?symbol=CVNA
China Auto Logistics
Tianjin, the People's Republic of China headquartered China Auto Logistics Inc.'s stock closed the day 0.47% higher at $2.06 with a total trading volume of 8,341 shares. The Company's shares have advanced 1.48% in the past month. The stock is trading 5.97% below its 50-day moving average. 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 44.34. The complimentary report on CALI can be downloaded at:
http://dailystocktracker.com/registration/?symbol=CALI
Copart
Shares in Dallas, Texas headquartered Copart Inc. recorded a trading volume of 1.43 million shares, which was above their three months average volume of 1.12 million shares. The stock ended yesterday's trading session 0.25% higher at $31.89. The Company's shares have advanced 1.11% in the past month, 3.34% in the previous three months, and 15.11% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 2.79% and 8.93%, respectively. Furthermore, shares of Copart, which provides online auctions and vehicle remarketing services, have an RSI of 60.18.
On July 18th, 2017, Copart announced the expansion of its locations in Candia, New Hampshire and West Warren, Massachusetts. The address for the Candia location is 134 Raymond Road. Its live online car auctions are held every Tuesday at 10:00 a.m. ET. The address for the West Warren, Massachusetts location is 600 Old West Warren Road. Its live online car auctions are held every Wednesday at 10:00 a.m. ET. Visit us today and download our complete research report on CPRT for free at:
http://dailystocktracker.com/registration/?symbol=CPRT
Penske Automotive
Bloomfield Hills, Michigan headquartered Penske Automotive Group Inc.'s stock finished Tuesday's session 0.05% higher at $43.67. A total volume of 643,319 shares was traded, which was above their three months average volume of 455,150 shares. The Company's shares have advanced 5.43% in the last one month. The stock is trading above its 50-day moving average by 1.49%. Additionally, shares of Penske Automotive, which operates as a transportation services company, have an RSI of 50.37.
On July 11th, 2017, Penske Automotive announced that the Company will host its Q2 financial results conference call on July 27th, 2017, at 2:00 p.m. EDT. The call will follow the release that morning of Q2 2017 earnings and will be simultaneously broadcast under the Investor Relations section of the Company's website. Get free access to your technical report on PAG at:
http://dailystocktracker.com/registration/?symbol=PAG
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