CarGurus Inc - Class A


CARG

Price

33.93


Change

-0.47


High

34.57


Low

NA


Avg Volume

951,222


PE Ratio

36.46


52 Week High

36.54


52 Week Low

19.24



Profile

CarGurus is a Cambridge, Massachusetts-based automotive research and shopping website that assists users in comparing local listings for used and new cars, and contacting sellers. CarGurus was founded in 2006 by Langley Steinert, a co-founder of TripAdvisor. Langley Steinert remains the CEO of the firm. The company started off as an automotive community blog where consumers could post reviews and questions about local dealers, shops, and types of cars. Dealers expressed interest in advertising on the site, and the company changed its business strategy to connect dealers and consumers by putting inventory on the site.


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