Auto Trader Group plc (LON:AUTO - Get Free Report)'s share price passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 828.70 ($11.12) and traded as low as GBX 802 ($10.77). Auto Trader Group shares last traded at GBX 802 ($10.77), with a volume of 1,738,957 shares.
Wall Street Analysts Forecast Growth
Several analysts have recently issued reports on the company. Berenberg Bank reiterated a "hold" rating and issued a GBX 830 ($11.14) price objective on shares of Auto Trader Group in a research note on Thursday, May 29th. JPMorgan Chase & Co. restated an "underweight" rating and set a GBX 746 ($10.01) price target on shares of Auto Trader Group in a research note on Thursday, March 20th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of GBX 864.25 ($11.60).
Get Our Latest Stock Report on Auto Trader Group
Auto Trader Group Trading Up 0.7%
The business's 50 day simple moving average is GBX 828.70 and its 200 day simple moving average is GBX 797.71. 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 company has a market capitalization of £7.13 billion, a price-to-earnings ratio of 28.61, a price-to-earnings-growth ratio of 3.99 and a beta of 0.78.
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 anticipate that Auto Trader Group plc will post 32.7973074 EPS for the current year.
Insider Activity
In other news, insider Nathan Coe sold 2,083,252 shares of Auto Trader Group stock in a transaction that occurred on Thursday, March 27th. The shares were sold at an average price of GBX 386 ($5.18), for a total transaction of £8,041,352.72 ($10,795,211.06). 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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