Shares of Auto Trader Group plc (LON:AUTO - Get Free Report) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 818.59 ($11.05) and traded as low as GBX 783.20 ($10.57). Auto Trader Group shares last traded at GBX 790 ($10.67), with a volume of 1,474,514 shares trading hands.
Analysts Set New Price Targets
AUTO has been the subject of several research analyst reports. Berenberg Bank reissued a "hold" rating and issued a GBX 830 ($11.21) price objective on shares of Auto Trader Group in a research note on Thursday, May 29th. JPMorgan Chase & Co. reissued an "underweight" rating and issued a GBX 746 ($10.07) price target on shares of Auto Trader Group in a research report on Thursday, March 20th. Two analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the company's stock. According to MarketBeat, Auto Trader Group currently has a consensus rating of "Hold" and an average price target of GBX 864.25 ($11.67).
Get Our Latest Report on Auto Trader Group
Auto Trader Group Stock Up 1.8%
The company has a debt-to-equity ratio of 6.26, a current ratio of 1.66 and a quick ratio of 1.50. The business has a 50 day simple moving average of GBX 820.10 and a 200 day simple moving average of GBX 798.05. The stock has a market cap of £7.12 billion, a PE ratio of 28.58, a P/E/G ratio of 3.99 and a beta of 0.78.
Auto Trader Group (LON:AUTO - Get Free Report) last announced its quarterly earnings results 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, equities research analysts forecast that Auto Trader Group plc will post 32.7973074 EPS for the current fiscal year.
Insider Transactions at Auto Trader Group
In related news, insider Nathan Coe sold 2,083,252 shares of the firm's stock in a transaction that occurred on Thursday, March 27th. The stock was sold at an average price of GBX 386 ($5.21), for a total value of £8,041,352.72 ($10,856,423.28). 1.04% of the stock is currently owned by company 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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