Auto Trader Group plc (LON:AUTO - Get Free Report) shares crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 502.47 and traded as high as GBX 537.20. Auto Trader Group shares last traded at GBX 527.20, with a volume of 2,402,927 shares traded.
Analyst Upgrades and Downgrades
Several equities analysts have recently issued reports on the company. UBS Group restated a "sell" rating and set a GBX 470 target price on shares of Auto Trader Group in a research report on Monday, May 18th. JPMorgan Chase & Co. cut their price target on shares of Auto Trader Group from GBX 445 to GBX 440 and set an "underweight" rating on the stock in a research report on Wednesday, August 5th. Berenberg Bank reduced their price objective on shares of Auto Trader Group from GBX 580 to GBX 510 and set a "hold" rating on the stock in a research note on Tuesday, May 26th. Finally, Royal Bank Of Canada decreased their price objective on shares of Auto Trader Group from GBX 830 to GBX 535 and set a "sector perform" rating for the company in a report on Friday, July 17th. One equities research analyst has rated the stock with a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Reduce" and an average price target of GBX 549.50.
Read Our Latest Analysis on Auto Trader Group
Auto Trader Group Trading Up 0.3%
The business has a 50 day moving average of GBX 502.47 and a 200-day moving average of GBX 489.25. The company has a current ratio of 1.73, a quick ratio of 1.50 and a debt-to-equity ratio of 51.83. The firm has a market capitalization of £4.13 billion, a P/E ratio of 15.47, a PEG ratio of 3.99 and a beta of 0.69.
Auto Trader Group (LON:AUTO - Get Free Report) last issued its quarterly earnings data on Thursday, May 21st. The company reported GBX 34.17 EPS for the quarter. Auto Trader Group had a net margin of 47.08% and a return on equity of 60.53%. The business had revenue of £624.30 million for the quarter. Analysts anticipate that Auto Trader Group plc will post 32.7973074 EPS for the current fiscal year.
Insider Buying and Selling
In related news, insider Jamie Warner sold 32,481 shares of the business's stock in a transaction on Friday, July 17th. The shares were sold at an average price of GBX 497, for a total transaction of £161,430.57. Also, insider Megan Quinn bought 10,900 shares of the stock in a transaction that occurred on Friday, May 22nd. The shares were purchased at an average price of GBX 462 per share, for a total transaction of £50,358. Insiders have acquired a total of 69,952 shares of company stock worth $31,918,459 in the last quarter. 3.54% of the stock is owned by company insiders.
Auto Trader Group Company Profile
(
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Autotrader Group plc is the UK's largest automotive marketplace and a leading digital platform for the automotive industry. Listed on the London Stock Exchange since March 2015, the company is a member of the FTSE 100 Index.
Autotrader's purpose is Driving Change Together. Responsibly. The company uses advanced data science, artificial intelligence and scalable technology to improve how vehicles are bought and sold, while building stronger partnerships with its customers and the wider automotive ecosystem.
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