CarGurus, Inc. (CARG) Forms Double Top Pattern Trading at $34.78

June 29, 2018 - By Clara Lewis

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.

The stock increased 1.25% or $0.43 during the last trading session, reaching $34.78.CarGurus, Inc. has volume of 106,342 shares. Since June 29, 2017 CARG has 0.00% and is . CARG underperformed the S&P 500 by 12.57%.

CarGurus, Inc. (NASDAQ:CARG)’s earnings report is expected on August, 2., according to RTT. This could reach $2.16M profit for CARG assuming the current $0.02 EPS will become reality. After $0.03 EPS was published previous quarter, analysts now see negative EPS growth of -33.33 % for CarGurus, Inc..

Another two news for CarGurus, Inc. (NASDAQ:CARG) were recently posted 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 posted on June 13, 2018.

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

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