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CarParts.com Inc (PRTS) rating initates by Lake Street

CarParts.com Inc’s filing revealed that its Director GREYSON JAY KEITH acquired Company’s shares for reported $43324.0 on May 10 ’24. In the deal valued at $1.04 per share,41,658 shares were bought. As a result of this transaction, GREYSON JAY KEITH now holds 282,107 shares worth roughly $0.3 million.

Then, Huffaker Michael bought 2,466 shares, generating $10,875 in total proceeds. Upon buying the shares at $4.41, the Chief Operating Officer now owns 4,169 shares.

Lake Street initiated its CarParts.com Inc [PRTS] rating to a Buy in a research note published on March 04, 2022; the price target was $18. DA Davidson began covering PRTS with “Buy” recommendation on September 01, 2020. Craig Hallum started covering the stock on January 08, 2020. It rated PRTS as “a Buy”.

Price Performance Review of PRTS

On Tuesday, CarParts.com Inc [NASDAQ:PRTS] saw its stock fall -1.82% to $1.08. Over the last five days, the stock has lost -6.90%. CarParts.com Inc shares have fallen nearly -65.82% since the year began. Nevertheless, the stocks have fallen -75.51% over the past one year. While a 52-week high of $5.16 was reached on 01/02/24, a 52-week low of $0.99 was recorded on 05/08/24. SMA at 50 days reached $1.5088, while 200 days put it at $2.9999. A total of 1.03 million shares were traded, compared to the trading of 1.28 million shares in the previous session.

Levels Of Support And Resistance For PRTS Stock

The 24-hour chart illustrates a support level at 1.0533, which if violated will result in even more drops to 1.0267. On the upside, there is a resistance level at 1.1333. A further resistance level may holdings at 1.1867. The Relative Strength Index (RSI) on the 14-day chart is 28.06, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.1038, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 73.53%. Stochastics %K at 24.51% indicates the stock is a holding.

The most recent change occurred on September 13, 2018 when Barrington Research began covering the stock and recommended ‘”an Outperform”‘ rating along with a $5 price target.

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