New Lifetime High Reached By Credit Acceptance (CACC)

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Trade-Ideas LLC identified Credit Acceptance ( CACC) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Credit Acceptance as such a stock due to the following factors:

  • CACC has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $34.8 million.
  • CACC has traded 8,138 shares today.
  • CACC is trading at a new lifetime high.

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More details on CACC:

Credit Acceptance Corporation provides automobile dealers financing programs, and related products and services that enable them to sell vehicles to consumers. CACC has a PE ratio of 18. Currently there are no analysts that rate Credit Acceptance a buy, 3 analysts rate it a sell, and 3 rate it a hold.

The average volume for Credit Acceptance has been 52,200 shares per day over the past 30 days. Credit Acceptance has a market cap of $4.8 billion and is part of the financial sector and financial services industry. The stock has a beta of 0.49 and a short float of 7.2% with 3.75 days to cover. Shares are up 73.3% year-to-date as of the close of trading on Monday.

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Perilous Reversal Stock: Credit Acceptance (CACC)