carsales.com (OTCMKTS:CSXXY) Stock Crosses Above 50 Day Moving Average of $28.81

carsales.com Ltd (OTCMKTS:CSXXYGet Rating) shares crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $28.81 and traded as high as $30.28. carsales.com shares last traded at $30.28, with a volume of 278 shares trading hands.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group assumed coverage on shares of carsales.com in a research report on Monday, October 10th. They set a “neutral” rating for the company.

carsales.com Stock Performance

The company’s 50-day moving average price is $28.81 and its 200 day moving average price is $27.86.

carsales.com Company Profile

(Get Rating)

carsales.com Ltd operates online automotive, motorcycle, and marine classifieds business in Australia, Brazil, South Korea, Malaysia, Indonesia, Thailand, Chile, China, the United States, and Mexico. The company operates through Online Advertising Services; Data, Research and Services; Carsales Investments; Americas; and Asia segments.

Further Reading

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