Carsales.Com (ASX:CAR) Stock Passes Below Two Hundred Day Moving Average of $13.53
Carsales.Com Ltd (ASX:CAR)’s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $13.53 and traded as low as $15.52. Carsales.Com shares last traded at $15.65, with a volume of 1,204,914 shares changing hands.
The firm has a market capitalization of $3.82 billion and a price-to-earnings ratio of 44.84. The company’s 50 day moving average is A$14.54 and its 200-day moving average is A$13.53. The company has a current ratio of 2.46, a quick ratio of 1.92 and a debt-to-equity ratio of 152.95.
The company also recently announced a Final dividend, which will be paid on Wednesday, October 9th. Investors of record on Wednesday, October 9th will be paid a $0.25 dividend. The ex-dividend date is Tuesday, September 24th. This represents a yield of 1.64%. Carsales.Com’s dividend payout ratio (DPR) is currently 131.81%.
About Carsales.Com (ASX:CAR)
carsales.com Limited is an online automotive, motorcycle and marine classifieds business. The Company’s carsales network is an online destination for buying and selling cars, motorbikes, trucks, boats, caravans and machinery equipment. Its segments include Online Advertising Services, Data and Research Services, International, and Finance and Related Services.
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