HomeMost PopularCars.com Surpasses 200-Day Moving Average, Signaling Bullish Momentum

Cars.com Surpasses 200-Day Moving Average, Signaling Bullish Momentum

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Cars.com Inc. Shares Surge Past 200-Day Moving Average

Stock Up Nearly 6% as Price Reaches $18.17

On Thursday, Cars.com Inc (Symbol: CARS) saw its shares climb above the 200-day moving average of $17.85, with trading peaking at $18.17 per share. Currently, the stock is up approximately 6% for the day. The accompanying chart illustrates the performance of CARS shares over the past year in relation to the 200-day moving average:

Cars.com Inc 200 Day Moving Average Chart

The data reveals that the lowest price in Cars.com’s 52-week range was $15.05 per share, while the highest point reached was $21.24. For context, the last recorded trading price is $17.83.

nslideshow Explore which other 9 stocks have recently crossed above their 200-day moving average »

Additional Resources:
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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