Carsales.Com (ASX:CAR) Shares Pass Below 200 Day Moving Average of $13.53
Carsales.Com Ltd (ASX:CAR) shares 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 trading hands.
The company has a debt-to-equity ratio of 152.95, a quick ratio of 1.92 and a current ratio of 2.46. The stock’s 50-day moving average is A$14.54 and its 200 day moving average is A$13.53. The firm has a market cap of $3.82 billion and a P/E ratio of 44.84.
The company also recently disclosed a Final dividend, which will be paid on Wednesday, October 9th. Investors of record on Wednesday, October 9th will be given a $0.25 dividend. This represents a dividend yield of 1.64%. The ex-dividend date of this dividend is Tuesday, September 24th. Carsales.Com’s dividend payout ratio 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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