CarMax Inc (KMX) : During the past 4 weeks, traders have been relatively bearish on CarMax Inc (KMX), hence the stock is down -10.69% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.89% relative to the S&P 500. The 4-week change in the price of the stock is -11.17% and the stock has fallen -0.73% in the past 1 week.
The stock has recorded a 20-day Moving Average of 5.2% and the 50-Day Moving Average is 7.46%.The 200 Day SMA reached 2.65%
CarMax Inc (NYSE:KMX): After opening at $52.29, the stock dipped to an intraday low of $51.85 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $53.635 and the buying power remained strong till the end. The stock closed at $53.35 for the day, a gain of 2.26% for the day session. The total traded volume was 2,289,997. The stocks close on the previous trading day was $53.35.
CarMax Inc (KMX) stock is expected to deviate a maximum of $6.18 from the average target price of $61 for the short term period. 9 Street Experts have initiated coverage on the stock with the most promising target being $70 and the most muted being $52.
CarMax, Inc. (CarMax) is a holding company engaged in providing used vehicles and related products and services. The Company operates through two business segments: CarMax Sales Operations and CarMax Auto Finance (CAF). The Companys CarMax Sales Operations segment consists of all aspects of its auto merchandising and service operations, excluding financing provided by CAF. The CarMax Sales Operations segment sells used vehicles, purchases used vehicles from customers and other sources, sells related products and services, and arranges financing options for customers. The Companys CAF segment consists of its own finance operation that provides vehicle financing through CarMax stores. The CAF products and services include retail merchandising, wholesale auctions, extended protection plans (EPPs), reconditioning and service, and customer credit.