As of Thursday close, Cazoo Group Ltd’s (NYSE:CZOO) stock was down -$0.24, moving down -30.38 percent to $0.55. The average number of shares traded per day over the past five days has been 534,360 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.5000 fall in that time frame. In the last twenty days, the average volume was 180,860, while in the previous 50 days, it was 177,412.
Since last month, CZOO stock retreated -46.60%. Shares of the company fell to $0.5100 on 09/21/23, the lowest level in the past month. A 52-week high of $12.40 was reached on 01/17/23 after having rallying from a 52-week low of $0.68. Since the beginning of this year, CZOO’s stock price has dropped by -82.46% or -$2.5860, and marked a new high 7 times. However, the stock has declined by -95.56% since its 52-week high.
Financial Health
In the recent quarter, Cazoo Group Ltd’s quick ratio stood at 1.30, while its current ratio was 2.10, showing that the company is able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 3.40% percent. Based on annual data, CZOO earned $25.07 million in gross profit and brought in $1.54 billion in revenue.
CZOO’s revenue rose 46.51% during the quarter, while net income inched up to $1.25 billion. The liabilities of Cazoo Group Ltd were 712.45 million at the end of its most recent quarter, and its total debt was $535.9 million.
Technical Picture
This quick technical analysis looks at Cazoo Group Ltd’s (CZOO) price momentum. With a historical volatility rate of 179.92%, the RSI 9-day stood at 11.26% on 21 September.
With respect to its five-day moving average, the current Cazoo Group Ltd price is down by -47.62% percent or -$0.5000. At present, CZOO shares trade -47.12% below its 20-day simple moving average and -69.10% percent below its 100-day simple moving average. However, the stock is currently trading approximately -62.07% below its SMA50 and -90.22% below its SMA200.
Stochastic coefficient K was 10.41% and Stochastic coefficient D was 9.33%, while ATR was 0.1225. Given the Stochastic reading of 5.80% for the 14-day period, the RSI (14) reading has been calculated as 18.57%. As of today, the MACD Oscillator reading stands at -0.1700, while the 14-day reading stands at -0.2240.
Analyst Ratings
Berenberg upgraded its rating on Cazoo Group Ltd (NYSE: CZOO) to a Buy in a note to investors on August 10, 2022. The analysts firm previously had a Sell rating on the stock.Cazoo Group Ltd (CZOO) has been rated Hold by analysts. According to 0 brokerage firms, CZOO is a sell, and 2 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Cazoo Group Ltd stock as buy, with 0 recommending it as overweight.
With a median target price of $2.13, the current consensus forecast for the stock is $2.13 – $2.13. Based on these forecasts, analysts predict Cazoo Group Ltd (CZOO) will achieve an average price target of $2.13.
