Tag Archives: abtl

TrueCar Gets Positive Analyst Ratings In New Coverage

TrueCar has gained the confidence of some analysts, who say that the company can compete with Autobytel (ABTL), eBay and others in the business of online sales of new and used cars. TrueCar (TRUE) launched its IPO last month at 9 a share. The company is one of several tech-related IPOs this year. The company provides a platform designed to make it easier for consumers to buy cars. TrueCar works with 7,200 dealers and attracts an average of 3.9 million

Autobytel Growth Strategy Puts Stock Into Gear

Autobytel’s (ABTL) growth strategy is getting into gear. Autobytel stock was up 7% in morning trading in the stock market today, near 14.60, after it announced an acquisition late Monday. Earlier, the stock rose as high as 15.80, just shy of its record high of 15.98 touched on Dec. 27. Autobytel stock tripled in 2013, as the company consistently made a profit, and its year-over-year revenue has risen in each of the past four quarters. Autobytel