Shares of Auto Trader Group plc (LON:AUTO - Get Free Report) passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 835.45 ($11.27) and traded as low as GBX 811.40 ($10.95). Auto Trader Group shares last traded at GBX 814 ($10.98), with a volume of 2,033,063 shares trading hands.
Wall Street Analyst Weigh In
A number of research firms have issued reports on AUTO. JPMorgan Chase & Co. restated an "underweight" rating and issued a GBX 745 ($10.05) price objective on shares of Auto Trader Group in a research report on Tuesday, July 1st. Berenberg Bank reaffirmed a "hold" rating and set a GBX 830 ($11.20) target price on shares of Auto Trader Group in a research note on Thursday, May 29th.
View Our Latest Analysis on AUTO
Auto Trader Group Price Performance
The business's 50 day moving average price is GBX 833.50 and its two-hundred day moving average price is GBX 796.86. The stock has a market cap of £7.28 billion, a P/E ratio of 29.22, a price-to-earnings-growth ratio of 3.99 and a beta of 0.78. The company has a current ratio of 1.66, a quick ratio of 1.50 and a debt-to-equity ratio of 6.26.
Auto Trader Group (LON:AUTO - Get Free Report) last posted its quarterly earnings data on Thursday, May 29th. The company reported GBX 31.66 ($0.43) EPS for the quarter. Auto Trader Group had a net margin of 45.00% and a return on equity of 47.03%. As a group, sell-side analysts expect that Auto Trader Group plc will post 32.7973074 earnings per share for the current fiscal year.
Insider Activity at Auto Trader Group
In other Auto Trader Group news, insider Nathan Coe sold 96,066 shares of Auto Trader Group stock in a transaction on Tuesday, July 8th. The stock was sold at an average price of GBX 812 ($10.95), for a total transaction of £780,055.92 ($1,052,281.02). Also, insider Jamie Warner sold 43,566 shares of Auto Trader Group stock in a transaction on Tuesday, July 8th. The shares were sold at an average price of GBX 812 ($10.95), for a total value of £353,755.92 ($477,210.20). Insiders sold a total of 181,217 shares of company stock valued at $147,148,204 in the last 90 days. Corporate insiders own 1.04% of the company's stock.
About Auto Trader Group
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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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