Copart Reaches New 52-Week High (CPRT)

NEW YORK ( TheStreet) -- Copart (Nasdaq: CPRT) hit a new 52-week high Tuesday as it is currently trading at $26.84, above its previous 52-week high of $26.84 with 95,261 shares traded as of 11:45 a.m. ET. Average volume has been 512,900 shares over the past 30 days.

Copart has a market cap of $3.37 billion and is part of the services sector and specialty retail industry. Shares are up 10.3% year to date as of the close of trading on Monday.

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 21.5, above the average specialty retail industry P/E ratio of 21.1 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, increase in net income and notable return on equity. 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.

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