In a report released today, Gary Prestopino from Barrington maintained a Hold rating on AutoWeb Inc (AUTO). The company’s shares closed on Friday at $2.33, close to its 52-week low of $2.24.
Prestopino wrote:
“We believe the new strategic review will be communicated to the Street with the release of Q3/18 financial results.”
According to TipRanks.com, Prestopino is a 3-star analyst with an average return of 1.9% and a 42.7% success rate. Prestopino covers the Services sector, focusing on stocks such as Kar Auction Services Inc, US Auto Parts Network, and Ritchie Bros.
AutoWeb Inc has an analyst consensus of Hold.
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The company has a one-year high of $9.91 and a one-year low of $2.24. Currently, AutoWeb Inc has an average volume of 42.09K.
Based on the recent corporate insider activity of 15 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of AUTO in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
AutoWeb, Inc. engages in digital marketing solutions. It specializes in assisting automotive retail dealers and automotive manufacturers market and sell new and used vehicles to consumers by utilizing digital sales enhancing products and services.
