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Copart Inc Up 28.6% Since SmarTrend Uptrend Call (CPRT)

By Amy Schwartz

SmarTrend identified an Uptrend for Copart Inc (NASDAQ:CPRT) on February 15th, 2018 at $45.02. In approximately 4 months, Copart Inc has returned 28.65% as of today's recent price of $57.91.

Over the past year, Copart Inc has traded in a range of $30.30 to $58.24 and is now at $57.91, 91% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.9% while the 50-day MA has advanced 0.8%.

Copart, Inc. provides vehicle suppliers, primarily insurance companies, with a variety of services to process and sell salvage vehicles through auctions. Salvaged vehicles are primarily sold to licensed dismantlers, rebuilders, and used vehicle dealers.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Copart Inc shares.

Log in and add Copart Inc (CPRT) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights copart inc

Ticker(s): CPRT