Free Trial

Auto Trader Group (LON:AUTO) Share Price Passes Above 50 Day Moving Average - Should You Sell?

Auto Trader Group logo with Communication Services background

Key Points

  • Auto Trader Group's stock price has crossed above its fifty-day moving average, indicating potential bullish momentum, with shares last trading at GBX 827.80 ($10.99).
  • Analysts have mixed opinions on Auto Trader's stock; JPMorgan Chase maintains an "underweight" rating with a GBX 745 ($9.89) target, while Berenberg Bank sets a "hold" rating with a GBX 830 ($11.02) target.
  • Insider trading activity has been notable, with insiders selling a total of 181,217 shares valued at $147.15 million in the last three months.
  • MarketBeat previews top five stocks to own in September.

Shares of Auto Trader Group plc (LON:AUTO - Get Free Report) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 821.69 ($10.92) and traded as high as GBX 834.60 ($11.09). Auto Trader Group shares last traded at GBX 827.80 ($11.00), with a volume of 1,448,260 shares changing hands.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on AUTO. JPMorgan Chase & Co. reiterated an "underweight" rating and issued a GBX 745 ($9.90) price target on shares of Auto Trader Group in a report on Tuesday, July 1st. Berenberg Bank reaffirmed a "hold" rating and set a GBX 830 ($11.03) price objective on shares of Auto Trader Group in a research note on Thursday, May 29th.

Check Out Our Latest Report on Auto Trader Group

Auto Trader Group Price Performance

The stock has a fifty day moving average of GBX 820.08 and a 200-day moving average of GBX 801.36. The company has a quick ratio of 1.50, a current ratio of 1.66 and a debt-to-equity ratio of 6.26. The stock has a market capitalization of £7.36 billion, a price-to-earnings ratio of 29.55, a P/E/G ratio of 3.99 and a beta of 0.78.

Auto Trader Group (LON:AUTO - Get Free Report) last issued its quarterly earnings data on Thursday, May 29th. The company reported GBX 31.66 ($0.42) earnings per share 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 predict 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 Jamie Warner sold 43,566 shares of the company's stock in a transaction on Tuesday, July 8th. The stock was sold at an average price of GBX 812 ($10.79), for a total transaction of £353,755.92 ($470,170.02). Also, insider Catherine Faiers sold 41,585 shares of the company's stock in a transaction on Tuesday, July 8th. The stock was sold at an average price of GBX 812 ($10.79), for a total value of £337,670.20 ($448,790.80). Insiders sold 181,217 shares of company stock worth $147,148,204 over the last 90 days. 1.04% of the stock is currently owned by insiders.

About Auto Trader Group

(Get Free Report)

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.

Read More

Should You Invest $1,000 in Auto Trader Group Right Now?

Before you consider Auto Trader Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Auto Trader Group wasn't on the list.

While Auto Trader Group currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

(Almost)  Everything You Need To Know About The EV Market Cover

Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Palantir & AMD Earnings: Massive Options Setups Ahead
3 Value Plays Set to Explode
5 Stocks to BUY NOW in August 2025

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines