Auto Trader Group plc (LON:AUTO - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 799.02 ($10.59) and traded as high as GBX 808 ($10.71). Auto Trader Group shares last traded at GBX 802.20 ($10.63), with a volume of 8,976,823 shares.
Analyst Upgrades and Downgrades
A number of analysts have recently issued reports on AUTO shares. JPMorgan Chase & Co. reaffirmed an "underweight" rating and set a GBX 746 ($9.88) price objective on shares of Auto Trader Group in a report on Thursday, March 20th. Citigroup lifted their price target on Auto Trader Group from GBX 881 ($11.67) to GBX 946 ($12.53) and gave the stock a "neutral" rating in a research note on Thursday, January 23rd. Two analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of GBX 864.25 ($11.45).
Check Out Our Latest Report on AUTO
Auto Trader Group Stock Performance
The company has a market cap of £7.15 billion, a P/E ratio of 28.68, a price-to-earnings-growth ratio of 3.99 and a beta of 0.78. The company's fifty day moving average is GBX 764.13 and its 200 day moving average is GBX 799.02. The company has a current ratio of 1.66, a quick ratio of 1.50 and a debt-to-equity ratio of 6.26.
Auto Trader Group Cuts Dividend
The business also recently disclosed a dividend, which was paid on Friday, January 24th. Stockholders of record on Thursday, January 2nd were paid a dividend of GBX 3.50 ($0.05) per share. The ex-dividend date was Thursday, January 2nd. This represents a dividend yield of 0.41%. Auto Trader Group's dividend payout ratio (DPR) is currently 35.44%.
Insider Activity
In other news, insider Nathan Coe sold 2,083,252 shares of the firm's stock in a transaction that occurred on Thursday, March 27th. The shares were sold at an average price of GBX 386 ($5.11), for a total value of £8,041,352.72 ($10,655,032.09). 1.04% of the stock is currently owned by corporate 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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
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
Discover the top 7 AI stocks to invest in right now. This exclusive report highlights the companies leading the AI revolution and shaping the future of technology in 2025.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
