Carmax Inc (NYSE:KMX) price closed higher on Tuesday, April 16, jumping 0.49% above its previous close.
A look at the daily price movement shows that the last close reads $69.46. The company’s P/E ratio in the trailing 12-month period read 23.12. Taking into account the 52-week price action we note that the stock hit a 52-week high of $88.22 and 52-week low of $59.66. The stock subtracted -13.55% on its value in the past month.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give KMX a short term outlook of 50% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Buy, while an average of long term indicators are currently assigning the stock as 100% Sell.
If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 1.40. The overview shows that KMX’s price is at present -14.63% off the SMA20 and -11.05% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 28.26, with weekly volatility standing at 4.01%. The indicator jumps to 2.74% when calculated based on the past 30 days. Carmax Inc (NYSE:KMX)’s beta value is holding at 1.64, while the average true range (ATR) indicator is currently reading 2.72.
An analysis of the Carmax Inc (NYSE:KMX) stock in terms of its daily trading volume indicates that the 3-month average is 1.98 million.
Current records show that the company has 157.61M in outstanding shares. The insiders’ percentage holdings are 0.44% of outstanding shares while the percentage share held by institutions stands at 108.31%. But the -9.04% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
