TrueCar Inc (TRUE) experienced unusually high volume on Feb. 19, as the stock lost 14.38% to a closing price of $4.94. The stock saw 5.04 million shares trade hands over the course of the day on 22,075 trades. Given that the stock’s average daily volume over the last month has been 829,997 shares a day, this represents a pretty substantial spike over the norm.
TrueCar Inc has a P/B ratio of 1.68. The stock has traded between $21.00 and $4.01 over the last 52-weeks, its 50-day SMA is now $7.22, and its 200-day SMA $8.36.
TrueCar Inc operates as an Internet-based information, technology, and communication services company. It operates its platform for affinity group marketing partners, such as USAA and consumer reports, financial institutions, and other large enterprises.
Headquartered in Santa Monica, CA, TrueCar Inc has 463 employees and is currently under the leadership of CEO Victor A. Perry.
For a complete fundamental analysis analysis of TrueCar Inc, check out Equities.com’s Stock Valuation Analysis report for TRUE. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.
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For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.
All data provided by QuoteMedia and was accurate as of 4:30PM ET.