Currently, there are 35.00M common shares owned by the public and among those 34.56M shares have been available to trade.
The company’s stock has a 5-day price change of 0.14% and -9.77% over the past three months. CAR shares are trading -41.10% year to date (YTD), with the 12-month market performance down to -46.21% lower. It has a 12-month low price of $93.53 and touched a high of $232.73 over the same period. CAR has an average intraday trading volume of 710.61K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -5.27%, -6.49%, and -29.23% respectively.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Institutional ownership of Avis Budget Group Inc (NASDAQ: CAR) shares accounts for 98.09% of the company’s 35.00M shares outstanding.
It has a market capitalization of $3.72B and a beta (3y monthly) value of 2.21. The stock’s trailing 12-month PE ratio is 3.29, while the earnings-per-share (ttm) stands at $31.71. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.07% over the week and 3.35% over the month.
Earnings per share for the fiscal year are expected to decrease by -72.43%, and 41.83% over the next financial year.
Looking at the support for the CAR, a number of firms have released research notes about the stock. Goldman stated their Neutral rating for the stock in a research note on April 04, 2024, with the firm’s price target at $118-$130. Northcoast coverage for the Avis Budget Group Inc (CAR) stock in a research note released on March 25, 2024 offered a Buy rating with a price target of $155. BofA Securities was of a view on March 19, 2024 that the stock is Buy, while Deutsche Bank gave the stock Buy rating on January 25, 2024, issuing a price target of $234- $248. Deutsche Bank on their part issued Hold rating on July 20, 2023.
