Credit Acceptance Corporation (CACC) had a weak trading session and its shares were last down at $195, down -10.28% or -5.01 points. The trading data also revealed that the total net flow stood at $7.21 million as the shares had $46.12 million in upticks but lost $38.91 million in downticks. The up/down ratio was 1.19. This data is particularly important for the traders and speculators alike as it could also be used to gauge the strength of the momentum in the shares. During the past week, the shares have seen a change of -5.47% in the shares.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.
Credit Acceptance Corp. has lost 6.47% in the last five trading days and dropped 10.35% in the last 4 weeks. Credit Acceptance Corp. is up 5.92% in the last 3-month period. Year-to-Date the stock performance stands at -10.35%. Credit Acceptance Corporation (NASDAQ:CACC) witnessed a decline in the market cap on Wednesday as its shares dropped 5.01% or 10.28 points. After the session commenced at $203.22, the stock reached the higher end at $206.87 while it hit a low of $190. With the volume soaring to 762,775 shares, the last trade was called at $195. The company has a 52-week high of $223.57. The company has a market cap of $3,964 million and there are 20,328,253 shares in outstanding. The 52-week low of the share price is $160.63.
Company has reported several Insider transactions to the SEC, on Jan 4, 2017, Donald A Foss (10% owner) sold 404 shares at 220.19 per share price.On Jun 21, 2016, Allan Victor Apple (10% owner) purchased 100 shares at 166.05 per share price.On Apr 26, 2016, Jill Foss Watson (10% owner) sold 15,000 shares at 199.68 per share price.
Credit Acceptance Corp. Last issued its quarterly earnings results on Jan 31, 2017. The company reported $4.79 EPS for the quarter, beating the analyst consensus estimate by $ 0.42. Analyst had a consensus of $4.37. The company had revenue of $256.20 million for the quarter, compared to analysts expectations of $251.80 million. The companys revenue was up 17.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $4.00 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Credit Acceptance Corp. was Initiated by Susquehanna to Neutral on Jan 23, 2017.
Credit Acceptance Corporation is a specialized financial services company which provides funding, receivables management, collection, sales training and related services to automobile dealers.