Shares of Auto Trader Group plc (LON:AUTO - Get Free Report) traded down 11.3% on Friday . The stock traded as low as GBX 769.40 ($10.40) and last traded at GBX 798.60 ($10.80). 11,321,527 shares changed hands during trading, an increase of 53% from the average session volume of 7,387,826 shares. The stock had previously closed at GBX 900 ($12.17).
Wall Street Analysts Forecast Growth
Several research analysts recently weighed in on the company. JPMorgan Chase & Co. reaffirmed an "underweight" rating and set a GBX 746 ($10.09) target price on shares of Auto Trader Group in a research note on Thursday, March 20th. Berenberg Bank reiterated a "hold" rating and issued a GBX 830 ($11.22) price target on shares of Auto Trader Group in a research report on Thursday, May 29th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of GBX 864.25 ($11.68).
Check Out Our Latest Research Report on AUTO
Auto Trader Group Price Performance
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 firm has a market cap of £7.11 billion, a price-to-earnings ratio of 28.53, a price-to-earnings-growth ratio of 3.99 and a beta of 0.78. The stock has a 50-day moving average of GBX 816.22 and a two-hundred day moving average of GBX 798.23.
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) EPS for the quarter. Auto Trader Group had a return on equity of 47.03% and a net margin of 45.00%. On average, analysts anticipate that Auto Trader Group plc will post 32.7973074 EPS for the current year.
Insiders Place Their Bets
In other Auto Trader Group news, insider Nathan Coe sold 2,083,252 shares of the firm's stock in a transaction dated Thursday, March 27th. The stock was sold at an average price of GBX 386 ($5.22), for a total transaction of £8,041,352.72 ($10,871,100.07). 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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