Inchcape plc (LON:INCH - Get Free Report) insider Adrian Lewis purchased 150 shares of the business's stock in a transaction on Monday, June 16th. The shares were purchased at an average cost of GBX 684 ($9.20) per share, for a total transaction of £1,026 ($1,379.77).
Inchcape Price Performance
Shares of Inchcape stock traded up GBX 5.96 ($0.08) during trading on Friday, reaching GBX 690.96 ($9.29). The company's stock had a trading volume of 3,720,383 shares, compared to its average volume of 1,453,391. The company has a quick ratio of 0.51, a current ratio of 1.10 and a debt-to-equity ratio of 206.10. Inchcape plc has a 12-month low of GBX 575 ($7.73) and a 12-month high of GBX 874 ($11.75). The company has a market capitalization of £2.71 billion, a P/E ratio of 11.04, a price-to-earnings-growth ratio of 2.06 and a beta of 1.19. The business has a 50 day moving average price of GBX 681.64 and a 200-day moving average price of GBX 701.53.
Wall Street Analysts Forecast Growth
Separately, Citigroup lowered their target price on Inchcape from GBX 1,194 ($16.06) to GBX 1,163 ($15.64) and set a "buy" rating on the stock in a research note on Tuesday, April 29th.
Read Our Latest Stock Report on INCH
Inchcape Company Profile
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Inchcape is the leading global automotive distributor, with operations across six continents. By combining our in-market expertise with our unique technology and advanced data analytics, we create innovative customer experiences that deliver outstanding performance for our partners – building stronger automotive brands and creating sustainable growth.
Further Reading
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