Auto Trader Group plc (LON:AUTO - Get Free Report) shares fell 11.3% on Thursday . The company traded as low as GBX 769.40 ($10.35) and last traded at GBX 798.60 ($10.75). 11,321,527 shares changed hands during mid-day trading, an increase of 53% from the average session volume of 7,387,826 shares. The stock had previously closed at GBX 900 ($12.11).
Analyst Upgrades and Downgrades
A number of equities research analysts have recently commented on AUTO shares. Berenberg Bank reiterated a "hold" rating and set a GBX 830 ($11.17) price objective on shares of Auto Trader Group in a research report on Thursday. JPMorgan Chase & Co. reissued an "underweight" rating and set a GBX 746 ($10.04) target price on shares of Auto Trader Group in a research report on Thursday, March 20th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the stock. According to MarketBeat.com, Auto Trader Group currently has an average rating of "Hold" and a consensus price target of GBX 864.25 ($11.63).
View Our Latest Stock Report on Auto Trader Group
Auto Trader Group Trading Down 1.3%
The firm has a market capitalization of £6.96 billion, a price-to-earnings ratio of 27.95, a P/E/G ratio of 3.99 and a beta of 0.78. The business has a 50-day moving average of GBX 814.03 and a two-hundred day moving average of GBX 798.15. The company has a quick ratio of 1.50, a current ratio of 1.66 and a debt-to-equity ratio of 6.26.
Auto Trader Group (LON:AUTO - Get Free Report) last announced its quarterly earnings data on Thursday, May 29th. The company reported GBX 31.66 ($0.43) earnings per share (EPS) for the quarter. Auto Trader Group had a net margin of 45.00% and a return on equity of 47.03%. Research analysts predict that Auto Trader Group plc will post 32.7973074 EPS for the current fiscal year.
Insider Transactions at Auto Trader Group
In other Auto Trader Group news, insider Nathan Coe sold 2,083,252 shares of the company's stock in a transaction on Thursday, March 27th. The stock was sold at an average price of GBX 386 ($5.19), for a total transaction of £8,041,352.72 ($10,819,904.09). 1.04% of the stock is owned by company 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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