Copart Reaches New 52-Week High (CPRT)

NEW YORK ( TheStreet) -- Copart (Nasdaq: CPRT) hit a new 52-week high Monday as it is currently trading at $53.31, above its previous 52-week high of $53.30 with 4,848 shares traded as of 9:34 a.m. ET. Average volume has been 270,000 shares over the past 30 days.

Copart has a market cap of $3.14 billion and is part of the services sector and specialty retail industry. Shares are up 10.1% year to date as of the close of trading on Friday.

Copart, Inc. provides online auctions and vehicle remarketing services in the United States, Canada, and the United Kingdom. The company has a P/E ratio of 21.2, above the average specialty retail industry P/E ratio of 20.4 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Copart as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, notable return on equity and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full Copart Ratings Report.

See all 52-week high stocks or get investment ideas from our investment research center.
null

If you liked this article you might like

Copart (CPRT) Hits New Lifetime High Today

New Lifetime High For Copart (CPRT)

Here's Why Shares of Automobile Auctions Company Copart Are a Buy

Copart (CPRT) Hits New Lifetime High Today

Copart (CPRT) Stock Price Target Upped at Jefferies