CarGurus CARG
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
CarGurus (CARG) Business Model and Operations Summary
CarGurus, Inc. operates an online automotive marketplace connecting buyers and sellers of new and used cars in the United States and internationally. The company provides consumers an online automotive marketplace where they can search for new and used car listings from its dealers, as well as sell their car in the United States marketplace. Its marketplace connects dealers to a large audience of informed and engaged consumers. The company operates online marketplaces under the CarGurus brand in Canada and the United Kingdom; and the Autolist and PistonHeads online marketplaces as independent brands in the United States and the United Kingdom. CarGurus, Inc. was founded in 2005 and is headquartered in Cambridge, Massachusetts.
Key Insights
CarGurus (CARG) Core Market Data and Business Metrics
Latest Closing Price
$33.16Market Cap
$3.12 BillionAverage Daily Volume
1,191,445 Shares52-Week Range
$21.65-$41.33Price-Earnings Ratio
22.41Total Outstanding Shares
84.63 Million SharesCEO
Mr. Jason M. TrevisanTotal Employees
1,282Current Dividend
No dividendIPO Date
October 12, 2017SIC Description
Services-computer Processing & Data PreparationHeadquarters
1001 Boylston Street, Boston, MA, 02115