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Is it Time to Dump America's Car-Mart, Inc. (CRMT) Stock After it Is Up 15.17% in a Week?

Tuesday, May 24, 2022 02:10 PM | InvestorsObserver Analysts
Is it Time to Dump America's Car-Mart, Inc. (CRMT) Stock After it Is Up 15.17% in a Week?

America's Car-Mart, Inc. (CRMT) stock is up 15.17% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

Sentiment Score - ,bearish
America's Car-Mart, Inc. has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on CRMT!

What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With CRMT Stock Today?

America's Car-Mart, Inc. (CRMT) stock is up 28.41% while the S&P 500 has fallen -1.4% as of 1:57 PM on Tuesday, May 24. CRMT is higher by $21.72 from the previous closing price of $76.46 on volume of 477,295 shares. Over the past year the S&P 500 has fallen -6.64% while CRMT has fallen -34.38%. CRMT earned $15.85 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 6.13. To see InvestorsObserver's Sentiment Score for America's Car-Mart, Inc. click here.

More About America's Car-Mart, Inc.

America's Car-Mart Inc is an automotive retailer in the US focused exclusively on the Integrated Auto Sales and Finance segment of the used car market. The Company's operations are principally conducted through its two operating subsidiaries, America's Car Mart Inc and Colonial Auto Finance. It primarily sells older model used vehicles and provides financing for substantially all of its customers. The Company earns revenue from the sale of used vehicles, and in most cases a related service contract and an accident protection plan product, as well as interest income and late fees from the related financing. Click Here to get the full Stock Report for America's Car-Mart, Inc. stock.

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