(VIANEWS) - Shares of Credit Acceptance Corporation (NASDAQ: CACC) rose by a staggering 31.75% in 21 sessions from $403.49 at 2023-01-04, to $531.60 at 14:30 EST on Friday, after three successive sessions in a row of gains. NASDAQ is dropping 1.22% to $12,052.15, after three consecutive sessions in a row of gains.
Credit Acceptance Corporation's last close was $548.99, 15.4% below its 52-week high of $648.95.
About Credit Acceptance Corporation
Credit Acceptance Corporation provides financing programs, and related products and services to independent and franchised automobile dealers in the United States. The company advances money to dealers in exchange for the right to service the underlying consumer loans; and buys the consumer loans from the dealers and keeps various amounts collected from the consumers. It is also involved in the business of reinsuring coverage under vehicle service contracts sold to consumers by dealers on vehicles financed by the company. The company was founded in 1972 and is headquartered in Southfield, Michigan.
Earnings Per Share
As for profitability, Credit Acceptance Corporation has a trailing twelve months EPS of $40.02.
PE Ratio
Credit Acceptance Corporation has a trailing twelve months price to earnings ratio of 13.28. Meaning, the purchaser of the share is investing $13.28 for every dollar of annual earnings.
The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 40.34%.Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions,Credit Acceptance Corporation's stock is considered to be oversold (<=20).
Yearly Top and Bottom Value
Credit Acceptance Corporation's stock is valued at $531.60 at 14:30 EST, way under its 52-week high of $648.95 and way higher than its 52-week low of $358.00.
Moving Average
Credit Acceptance Corporation's value is way above its 50-day moving average of $447.36 and above its 200-day moving average of $502.62.Revenue Growth
Year-on-year quarterly revenue growth declined by 41.1%, now sitting on 1.5B for the twelve trailing months.
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