Spotting A Winner: Paccar Inc. (NASDAQ: PCAR) Advances 0.16 And It Still Have Room To Run

Paccar Inc. (NASDAQ:PCAR) currently has a daily average trading volume of 2.77M but it saw 1851968 shares traded in last market. With a market cap of 53.20B USD, the company’s current market price of $101.50 came rising about 0.16 while comparing to the previous closing price of $101.34. In past 52 weeks, the stock remained buoying in the range of price level as high as $125.50 and as low as $78.30.

Taking a look at 20-day trading activity of Paccar Inc. (PCAR) gives us an average price of $104.44, while its current price level is -19.12% below from 52-week high level whereas it is 29.63% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $106.16 while that of 200 days or SMA-200 reads an average of $101.88. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.79% during that period while stretching the period over a month that increases to 1.84%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 37.57 which implies that the stock is in neutral territory.

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RBC Capital Mkts also issued its recommendations for the stock as it initiated the price target for the stock is $123.

Over the week, PCAR’s stock price is moving 0.58% up while it is -5.73% when we observe its performance for the past one month. Year-to-date it is 3.94% up and over the past year, the stock is showing an upside performance of 24.01%.

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Currently, Paccar Inc.’s total number of outstanding shares is 523.30M. Company’s return on investment (ROI) stands at 16.38% and return on equity (ROE) at 32.92%. It has a price to earnings ratio (P/E ratio) of 10.54 while having a 11.70 of forward P/E ratio. Stock’s beta reads 0.92. Stock has a price to book (P/B) ratio of 3.15 while price to sale or P/S ratio amounts to 1.50. Its return on asset (ROA) is 13.46% on average.

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