Carsales.Com (ASX:CAR) Stock Passes Above 50-Day Moving Average of $15.09
Carsales.Com Ltd (ASX:CAR)’s share price crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $15.09 and traded as high as $15.25. Carsales.Com shares last traded at $15.22, with a volume of 369,220 shares traded.
The stock has a market capitalization of $3.72 billion and a price-to-earnings ratio of 43.55. The company’s 50-day moving average is A$15.11 and its 200-day moving average is A$13.89. The company has a quick ratio of 1.92, a current ratio of 2.46 and a debt-to-equity ratio of 152.95.
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 dividend of $0.25 per share. This represents a yield of 1.64%. The ex-dividend date is Tuesday, September 24th. Carsales.Com’s 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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