On 12/14/23, America’s Car-Mart Inc (NASDAQ: CRMT) stock enjoyed a major increase of 14.4%, closing at $72.07. Moreover, this advance was accompanied by unusually high trading volume at 184% of normal. The stock has performed in line with the market over the last nine months and has risen 13.2% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be in line with the cost of capital, CRMT is expected to be Value Creation neutral.
America’s Car-Mart has a current Value Trend Rating of C (Low Neutral). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. America’s Car-Mart has a neutral Appreciation Score of 52 and a neutral Power Rating of 43, with the Low Neutral Value Trend Rating the result.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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