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Cardtronics(CATM - Get Report) provides automated consumer financial services through its network of ATMs and multi-function financial services kiosks. This stock is trading up 3.3% at $28.66 in recent trading after hitting a 52-week of $28.69 earlier in the day.
Today's Range: $27.73-$28.69
52-Week Range: $16.40-$28.46
Three-Month Average Volume: 349,238
Cardtronics has a market cap of $1.25 billion and an enterprise value of $1.65 billion. The stock trades at a trailing price-to-earnings of 17.99 and a forward price-to-earnings of 17.54. Its estimated growth rate for this year is 37%, and for next year it's pegged at 19%. The current short interest as a percentage of the float for Cardtronics is 3.9%.
From a technical standpoint, CATM has
started to trigger a breakout trade today now that the stock is moving above some near-term overhead resistance at $27.89 and $28.46 on decent volume.
Traders should now watch for a sustained move and close above those levels with high-volume to signal that this stock wants to trend higher. Look for volume at today's close that's near or above 349,238, with the stock closing above $28.46.
To see more stocks hitting new 52-week highs today, check out the
Stocks Hitting New 52-Week Highs portfolio on Stockpickr.
-- Written by Roberto Pedone in Winderemere, Fla.