Today, Openlane Inc (NYSE: KAR) Takes Center Stage

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

Stocks Info

The company is listed on the NYSE and operates within the Auto & Truck Dealerships industry segment. The current market capitalization of Openlane Inc is $1.96B. A total of 1.05 million shares were traded on the day, compared to an average of 822.78K shares.

In the most recent transaction, Lakhia Brad S. bought 4,985 shares of KAR for 20.06 per share on Nov 13 ’24. After the transaction, the EVP & CFO now owns 14,303 company shares. In a previous transaction on May 15 ’24, Coyle James P sold 6,000 shares at 18.09 per share. KAR shares that EVP, President NA Marketplaces owns now total 23,885.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, KAR has a high of $22.47 and a low of $15.44.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. KAR’s latest balance sheet shows that the firm has $177.60M in Cash & Short Term Investments as of fiscal 2021. There were $1.95B in debt and $3.01B in liabilities at the time. Its Book Value Per Share was $12.57, while its Total Shareholder’s Equity was $1.51B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for KAR is Buy with a score of 4.00.

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