CarGurus, Inc. (CARG) With $34.78 Price Forms Double Top Chart Pattern

June 29, 2018 - By Loretta Love

CarGurus, Inc. (CARG) chart makes a double top technical setup with $35.82 price target. That’s 3.00 % above today’s $34.78 price per share. It has $3.75B market cap. On Jun, 29 this technical setup was reported by Finviz.com. At $35.82 stock price target, the company valuation changes by $112.62M more.

Ticker’s shares touched $34.78 during the last trading session after 1.25% change.Currently CarGurus, Inc. is after 0.00% change in last June 29, 2017. CARG has 106,342 shares volume. CARG underperformed the S&P 500 by 12.57%.

On August, 2. Investors wait CarGurus, Inc. (NASDAQ:CARG) to reveal its quarterly earnings, according to Zacks. If reported the P/E will be 434.75 with $2.16M profit. Analysts at Wall Street see CarGurus, Inc.’s -33.33 % negative EPS growth compared to $0.03 EPS for previous quarter.

Another two news for CarGurus, Inc. (NASDAQ:CARG) were briefly released by: Seekingalpha.com on June 07, 2018 with title “TrueCar -3.8% after Goldman downgrade on competitive pressure”. The other Globenewswire.com‘s article was titled “Detailed Research: Economic Perspectives on CarGurus, ArcelorMittal, Capricor Therapeutics, B&G Foods, Ionis …” and released on June 13, 2018.

CarGurus, Inc. (NASDAQ:CARG) Analyst Ratings Chart

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