Auto Trader Group plc (LON:AUTO - Get Free Report)'s stock price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 821.03 ($11.00) and traded as high as GBX 824.40 ($11.04). Auto Trader Group shares last traded at GBX 817.60 ($10.95), with a volume of 967,822 shares.
Wall Street Analyst Weigh In
A number of equities analysts have commented on AUTO shares. Berenberg Bank reissued a "hold" rating and set a GBX 830 target price on shares of Auto Trader Group in a report on Thursday, May 29th. JPMorgan Chase & Co. reissued an "underweight" rating and issued a GBX 745 price objective on shares of Auto Trader Group in a research note on Tuesday, July 1st. Two investment analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Reduce" and an average price target of GBX 840.33.
Check Out Our Latest Report on Auto Trader Group
Auto Trader Group Trading Down 3.7%
The company has a current ratio of 1.66, a quick ratio of 1.50 and a debt-to-equity ratio of 6.26. The company has a fifty day simple moving average of GBX 819.88 and a 200-day simple moving average of GBX 806.31. The company has a market capitalization of £6.73 billion, a PE ratio of 2,442.33, a PEG ratio of 3.99 and a beta of 0.78.
Insider Activity
In related news, insider Catherine Faiers sold 41,585 shares of the company's stock in a transaction dated Tuesday, July 8th. The shares were sold at an average price of GBX 812, for a total value of £337,670.20. Also, insider Jamie Warner sold 43,566 shares of the firm's stock in a transaction dated Tuesday, July 8th. The stock was sold at an average price of GBX 812, for a total transaction of £353,755.92. In the last quarter, insiders have sold 181,217 shares of company stock valued at $147,148,204. 3.15% of the stock is currently owned by insiders.
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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