Auto Trader Group plc (LON:AUTO - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 799.02 ($10.74) and traded as high as GBX 808 ($10.86). Auto Trader Group shares last traded at GBX 802.20 ($10.78), with a volume of 8,976,823 shares traded.
Wall Street Analysts Forecast Growth
A number of equities analysts have weighed in on AUTO shares. JPMorgan Chase & Co. reiterated an "underweight" rating and set a GBX 746 ($10.02) target price on shares of Auto Trader Group in a research report on Thursday, March 20th. Citigroup increased their price target on shares of Auto Trader Group from GBX 881 ($11.84) to GBX 946 ($12.71) and gave the stock a "neutral" rating in a report on Thursday, January 23rd. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, Auto Trader Group has an average rating of "Hold" and a consensus target price of GBX 864.25 ($11.61).
View Our Latest Report on Auto Trader Group
Auto Trader Group Price Performance
The business's 50 day moving average is GBX 766.58 and its two-hundred day moving average is GBX 797.29. The firm has a market capitalization of £7.16 billion, a PE ratio of 28.73, a P/E/G ratio of 3.99 and a beta of 0.78. The company has a debt-to-equity ratio of 6.26, a current ratio of 1.66 and a quick ratio of 1.50.
Insider Activity at Auto Trader Group
In other Auto Trader Group news, insider Nathan Coe sold 2,083,252 shares of Auto Trader Group stock in a transaction that occurred on Thursday, March 27th. The shares were sold at an average price of GBX 386 ($5.19), for a total transaction of £8,041,352.72 ($10,803,913.37). 1.04% of the stock is currently owned by insiders.
Auto Trader Group Company Profile
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About Auto Trader
Auto Trader Group plc is the UK's largest automotive platform. It listed on the London Stock Exchange in March 2015 and is a member of the FTSE 100 Index.
Auto Trader's purpose is Driving Change Together. Responsibly. Auto Trader is committed to creating a diverse and inclusive culture, it aims to build stronger partnerships with its customers and use its voice and influence to drive more environmentally friendly vehicle choices.
With the largest number of car buyers and the largest choice of trusted stock, Auto Trader's marketplace sits at the heart of the UK car buying process.
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