Corporate News: Copart Stock Performance Review
Copart’s stock price has fluctuated within a 52-week range of $45.05 to $64.38, with a current price of $46.55.
Key Financial Metrics
- Price-to-earnings ratio: 30.645
- Price-to-book ratio: 5.104
These metrics indicate a significant valuation multiple, suggesting investors are willing to pay a premium for Copart’s shares.
Market Perception
The stock’s recent price stability suggests a stable market perception of the company’s fundamentals.