- CAR has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $97.6 million.
- CAR has traded 1.3 million shares today.
- CAR is trading at 2.18 times the normal volume for the stock at this time of day.
- CAR crossed below its 200-day simple moving average.
'Roof Leaker' stocks are worth watching because trading stocks that begin to experience a breakdown can lead to potentially massive losses. Once psychological and technical resistance barriers like the 200-day moving average are breached on higher than normal relative volume, the stock may then be subject to emotional selling from investors that can continue to drive the stock lower. Regardless of the impetus behind the price and volume action, when a stock moves with weakness and volume it can indicate the start of a new, potentially dangerous, trend. EXCLUSIVE OFFER: Get the inside scoop on opportunities in CAR with the Ticky from Trade-Ideas. See the FREE profile for CAR NOW at Trade-Ideas More details on CAR: Avis Budget Group, Inc., together with its subsidiaries, provides car and truck rentals, car sharing, and ancillary services to businesses and consumers worldwide. The company has three segments: North America, International, and Truck Rental. CAR has a PE ratio of 34.8. Currently there are 3 analysts that rate Avis Budget Group a buy, 1 analyst rates it a sell, and 2 rate it a hold.