CARSALES COM LT/ADR (OTCMKTS:CSXXY) Shares Cross Above 50 Day Moving Average of $20.23

CARSALES COM LT/ADR (OTCMKTS:CSXXY)’s stock price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $20.23 and traded as high as $21.89. CARSALES COM LT/ADR shares last traded at $21.77, with a volume of 599 shares trading hands.

Separately, UBS Group lowered CARSALES COM LT/ADR from a “buy” rating to a “neutral” rating in a research report on Tuesday, June 4th.

The stock has a 50-day moving average of $20.26 and a two-hundred day moving average of $19.14.

CARSALES COM LT/ADR Company Profile (OTCMKTS:CSXXY)

carsales.com Ltd engages in online automotive, motorcycle, and marine classifieds business primarily in Australia. The company operates in five segments: Online Advertising Services; Data, Research and Services; Latin America; Asia; and Finance and Related Services. The Online Advertising Services segment provides classified advertising that allows dealers and consumers to advertise automotive and non-automotive goods and services for sale across the carsales network; and services, including subscriptions, lead fees, and priority placement services in automotive and non-automotive Websites.

See Also: Diversification

Receive News & Ratings for CARSALES COM LT/ADR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CARSALES COM LT/ADR and related companies with MarketBeat.com's FREE daily email newsletter.