The price of Carvana Co (NYSE:CVNA) shares last traded on Wall Street fell -13.45% to $186.85.
CVNA stock price is now -19.29% away from the 50-day moving average and 1.43% away from the 200-day moving average. The market capitalization of the company currently stands at $39.83B.
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With the price target enhanced from $195 to $277, Citigroup Upgraded its rating from Neutral to Buy for Carvana Co (NYSE: CVNA). On January 07, 2025, RBC Capital Mkts Upgraded its previous ‘Sector Perform’ rating to ‘Outperform’ on the stock increasing its target price from $270 to quote $280, while ‘Morgan Stanley’ rates the stock as ‘Equal-Weight’
In other news, JENKINS MARK W., Chief Financial Officer sold 10,000 shares of the company’s stock on Mar 03 ’25. The stock was sold for $2,248,152 at an average price of $224.82. Upon completion of the transaction, the Chief Financial Officer now directly owns 218,991 shares in the company, valued at $40.92 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 03 ’25, Officer MARK JENKINS bought 10,000 shares of the business’s stock. A total of $2,331,000 was incurred on buying the stock at an average price of $233.10. A total of 9.92% of the company’s stock is owned by insiders.
During the past 12 months, Carvana Co has had a low of $67.61 and a high of $292.84. As of last week, the company has a debt-to-equity ratio of 4.88, a current ratio of 3.64, and a quick ratio of 2.44.
The net profit margin was 1.54% and return on equity was 27.94% for CVNA. The company reported revenue of $3.55 billion for the quarter, compared to $2.42 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 46.33 percent.
