(CARS) is down at $26.09 Cars.com Releases List of Best…

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Cars.com Inc. (NYSE:CARS):

Cars.com Releases List of Best Child-Passenger-Friendly Vehicles in Annual Car Seat Check Honor Roll.

The company is down by 0.38%% since yesterday’s close of 26.19.

Shares are trading at $26.09 slightly over $25.48, the 50 day moving average and barely above the 200 day moving average of $25.70. The 50 day moving average was up $0.61 or +2.38% and the 200 day average went up by +1.51%.

Cars.com Inc.’s P/E ratio is 12.27 and the market value is 1.87B. In the latest earnings report the EPS was $2.13 and is projected to be $1.35 for the current year with 71,589,000 shares presently outstanding. Next quarter’s EPS is expected be $0.32 with next year’s EPS projected to be $1.06.

Investors are more bullish on shares of the company lately as inferred by the downtick in short interest. The company recorded a fall in short interest of -0.00% as of the latest report on August 31, 2017. Short shares decreased from 23,910,688 to 23,910,608 over that period. With short interest at 23,910,608 and short average daily volume at 1,248,349, the short-interest ratio is 19.0 and the percentage of shorted shares is 0.33% as of August 31.

Several Wall Street analysts have provided guidance on the company of late. On July 21, 2017 Craig-Hallum began coverage of the stock by announcing an initial rating of “Hold”.