Research Report Initiated on Select Auto Dealerships Equities
LONDON, UK / ACCESSWIRE / July 5, 2016 / Active Wall St announces the list of stocks for today’s research coverage. Pre-market the Active Wall St. team provides the latest corporate, market and technical events impacting selected stocks on the Auto Dealerships industry. Companies recently under review include CarMax, AutoNation, Copart, and Penske Automotive. See our complete report on CarMax at:
http://www.activewallst.com/registration-3/?symbol=KMX
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Despite an economic slowdown, the U.S. Auto Dealerships industry hit record sales of 8.65 million in June, beating the previous year’s record of 8.5 million. Let us see how this news benefits some of the big names in the industry. Register with us now for your free membership and more research reports at:
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Active Wall St looks at the performance of the aforementioned companies over the last few trading sessions.
CarMax Inc. (NYSE: KMX)
Shares in Richmond, Virginia-based CarMax Inc.’s climbed 1.28%, finishing last Friday’s trading session at $49.66 with a total volume of 2.41 million shares traded. The stock is trading below its 50-day moving average by 2.77%. Shares of the Company, which through its subsidiaries, operate as a retailer of used vehicles in the U.S., have a Relative Strength Index (RSI) of 51.34.
AutoNation Inc. (NYSE: AN)
Fort Lauderdale, Florida headquartered AutoNation Inc.’s shares ended the session at $47.83, gaining 1.81%. The stock recorded a trading volume of 1.83 million shares, which was above its three months average volume of 1.43 million shares. The Company’s shares have advanced 5.47 in the previous three months and are trading 1.33% below their 50-day moving average. Moreover, shares of AutoNation, which through its subsidiaries, operate as an automotive retailer in the U.S., have an RSI of 48.89. Sign up for your research report on AN at:
http://www.activewallst.com/registration-3/?symbol=AN
Copart Inc. (NASDAQ: CPRT)
On Friday, shares in Dallas, Texas headquartered Copart Inc. recorded a trading volume of 516,725 shares. The stock rose 0.67%, closing the day at $49.34. The Company’s shares have gained 21.26% in the previous three months and 29.81% on an YTD basis. The stock is trading 7.52% above its 50-day moving average and 25.39% above its 200-day moving average. Additionally, shares of Copart, which provides online auctions and vehicle remarketing services, have an RSI of 60.13. Register for free and download your research report on CPRT at:
http://www.activewallst.com/registration-3/?symbol=CPRT
Penske Automotive Group Inc. (NYSE: PAG)
At the close, shares in Bloomfield Hills, Michigan headquartered transportation services Company, Penske Automotive Group Inc., recorded a trading volume of 1.02 million shares, which was higher than their three months average volume of 621,120 shares. The stock ended the session at $31.78, gaining 1.02%. The Company’s shares are trading below their 50-day moving average by 13.40%. Furthermore, shares of Penske Automotive Group have an RSI of 32.73. On June 28th, 2016, research firm KeyBanc Capital Markets downgraded the Company’s stock rating from ‘Overweight’ to ‘Sector Weight’. The research report on PAG is available for free at:
http://www.activewallst.com/registration-3/?symbol=PAG
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