Cazoo Group Ltd (CZOO) Is Worth Looking, Despite -98.41% Drop From High

Cazoo Group Ltd (NYSE:CZOO) concluded the trading at $4.70 on Thursday, March 21 with a rise of 34.67% from its closing price on previous day.

Taking a look at stock we notice that its last check on previous day was $3.49 and 5Y monthly beta was reading 1.93. Considering stock’s 52-week price range provides that CZOO hit a high price of $295.00 and saw its price falling to a low level of $2.11 during that period. Over a period of past 1-month, stock came adding 9.56% in its value.

With its current market valuation of $22.98 million. Analysts are in estimates of $0 per share for company’s earnings in the current quarter and are expecting its annual EPS growth moving up to $0 for 2022 with estimates of that growing to -$441.11 in next year.

Analysts watching the company’s growth closely have provided estimates for its revenue growth with an average revenue estimate of $344.97 million. They suggested that in the process company could generate revenue of as low as $375.37 million which could climb up to $375.37 million to hit a high. In keeping analyst consensus estimate with, company is forecasted to be making an annual revenue of $1.58 billion in 2022, which will be 90.70% more from revenue generated by the company last year.

In last 7 days, analysts came adjusting their opinions about stock’s EPS with no upward and no downward revisions, an indication which could give clearer idea about the company’s short term price movement. In contrast, when we review CZOO stock’s current outlook then short term indicators are assigning it an average of 50% Sell, while medium term indicators are categorizing the stock at an average of 50% Sell. Long term indicators are suggesting an average of 100% Sell for it.

Digging deeper we become aware of the PEG ratio of the CZOO stock which is currently positioned at 0. It further provides that stock’s current price level is 37.21% away from its 20-day simple moving average and is 13.35% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 58.54 while volatility remained at 32.12% over the past week which changes to 20.60% when measuring it over the past month. Beta is valued at 1.97, while measure of average true range or ATR is currently at 0.75.

Having a second look at Cazoo Group Ltd (NYSE:CZOO) provides that stock’s average daily trading volume for 3 months was 100.30K, while it jumped to 1.12 million when we calculate an average volume for past 10 days. Number of outstanding shares of the stock stood at 4.89 million.

The percentage of outstanding shares held by the insiders is 12.12% while it is 69.29% for the institutional holders. The figures also indicate that as of Feb 29, 2024, number of stock’s short shares was 30850.0 which implies a short ratio of 1.15. This shows down a 0.63% of Short Interest in company’s outstanding shares on the day. In February the standing of shares short improved as it was 48160.0 in the previous month. Subtraction of -50.53% by stock’s current price to its year-to-date value in last trading session is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.

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