Karooooo (NASDAQ:KARO) Issues Quarterly Earnings Results

Karooooo (NASDAQ:KARO) announced its quarterly earnings data on Tuesday. The company reported $0.43 EPS for the quarter, beating analysts’ consensus estimates of $0.38 by $0.05, Zacks reports. Karooooo had a net margin of 19.29% and a return on equity of 29.39%.

Karooooo Stock Down 0.6 %

NASDAQ KARO traded down $0.30 during trading on Tuesday, reaching $47.49. 51,507 shares of the company’s stock were exchanged, compared to its average volume of 43,500. Karooooo has a 1 year low of $23.35 and a 1 year high of $50.54. The stock has a market cap of $1.02 billion, a P/E ratio of 32.31 and a beta of 1.03. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.17 and a current ratio of 1.18. The company has a 50 day moving average price of $44.60 and a two-hundred day moving average price of $39.71.

Karooooo Company Profile

Karooooo Ltd. provides mobility software-as-a-service (SaaS) platform for connected vehicles in South Africa, rest of Africa, Europe, the Asia-Pacific, the Middle East, and the United States. The company offers Fleet Telematics, a fleet management SaaS platform that provides real-time insights; LiveVision, which offers pro-active risk management and fleet visibility; MiFleet advanced fleet administration and business intelligence that provides cost management and administration capability services; and Karooooo Logistics, a software application for management of last mile delivery and general operational logistics.