Auto Trader Group plc (LON:AUTO - Get Free Report)'s stock price traded down 11.3% during mid-day trading on Thursday . The company traded as low as GBX 769.40 ($10.35) and last traded at GBX 798.60 ($10.75). 11,321,527 shares changed hands during mid-day trading, an increase of 53% from the average session volume of 7,387,826 shares. The stock had previously closed at GBX 900 ($12.11).
Analyst Ratings Changes
AUTO has been the subject of several recent research reports. Berenberg Bank reaffirmed a "hold" rating and set a GBX 830 ($11.17) price target on shares of Auto Trader Group in a report on Thursday. JPMorgan Chase & Co. restated an "underweight" rating and set a GBX 746 ($10.04) price objective on shares of Auto Trader Group in a research report on Thursday, March 20th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of GBX 864.25 ($11.63).
Read Our Latest Stock Analysis on AUTO
Auto Trader Group Stock Down 1.3%
The company has a debt-to-equity ratio of 6.26, a quick ratio of 1.50 and a current ratio of 1.66. The firm has a market capitalization of £6.96 billion, a price-to-earnings ratio of 27.95, a PEG ratio of 3.99 and a beta of 0.78. The firm has a fifty day moving average price of GBX 814.03 and a 200 day moving average price of GBX 798.15.
Auto Trader Group (LON:AUTO - Get Free Report) last released its 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%. As a group, sell-side analysts expect that Auto Trader Group plc will post 32.7973074 EPS for the current fiscal year.
Insider Buying and Selling at Auto Trader Group
In other news, insider Nathan Coe sold 2,083,252 shares of the firm's stock in a transaction on Thursday, March 27th. The stock was sold at an average price of GBX 386 ($5.19), for a total value of £8,041,352.72 ($10,819,904.09). 1.04% of the stock is currently owned by corporate 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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