Hot Move to Watch: TrueCar, Inc. (NASDAQ: TRUE)

TrueCar, Inc. (NASDAQ: TRUE) spotted trading -68.64% off 52-week high price. On the other end, the stock has been noted 21.59% away from the low price over the last 52-weeks. The stock changed 1.10% to recent value of $3.66. The stock transacted 946744 shares during most recent day however it has an average volume of 1276.77K shares. The company has 100.96M of outstanding shares and 96.4M shares were floated in the market

Recently, TrueCar Inc. (TRUE) and AutoNation reported the awarding of a surprise retrofitted vehicle to stepped down Army Sergeant First Class Centra “Ce-Ce” Mazyck. The retrofitted vehicle will be presented to Mazyck at a special event held at the AutoNation Chevrolet Pembroke Pines dealership in Pembroke Pines, Florida on Friday, November 8.

This marks the third year and fourth vehicle donation through DrivenToDrive, a partner program between TrueCar, DAV (Disabled American Veterans) and AutoNation. Created for injured veterans like Mazyck who have fought for our country’s independence, DrivenToDrive assists those with military service-connected disabilities regain their own freedom by getting back behind the wheel.

“AutoNation is honored to partner with TrueCar and DrivenToDrive in recognizing U.S. Army Sergeant First Class Centra ‘Ce-Ce’ Mazyck for her service and presenting her with a brand-new vehicle,” stated Marc Cannon, Executive Vice President and Chief Marketing Officer for AutoNation. “We are thankful for all the men and women who have served our country and are proud to support these heroes through our involvement with DrivenToDrive.”

Its earnings per share (EPS) expected to touch remained 25.90% for this year. TRUE has a gross margin of 90.70% and an operating margin of -14.90% while its profit margin remained -14.30% for the last 12 months. According to the most recent quarter its current ratio was 3.1 that represents company’s ability to meet its current financial obligations. The price moved ahead of 10.19% from the mean of 20 days, 2.42% from mean of 50 days SMA and performed -35.37% from mean of 200 days price. Company’s performance for the week was 10.74%, 17.87% for month and YTD performance remained -59.60%.