America’s Car-Mart Inc (NASDAQ: CRMT) has reported E.P.S. of $0.62 for its second fiscal quarter (ending October 31) versus $-4.30 for the same period a year ago. For the latest four quarters through October 31, E.P.S. were $-0.70 compared to $-3.08 a year ago.
Recent Price Action
America’s Car-Mart Inc (NASDAQ: CRMT) stock closed at $53.00 on 12/5/24 after a major increase of 16.0%. Moreover, exceptionally high trading volume at 440% of normal accompanied the advance. The stock has been extremely weak relative to the market over the last nine months but has risen 13.9% during the last week.
Current PriceTarget Research Rating
America’s Car-Mart has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. America’s Car-Mart has a slightly positive Appreciation Score of 67 but a slightly negative Power Rating of 34, resulting in the Negative Value Trend Rating.
Rating Review
In light of this new information and very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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