Auto Trader Group plc (LON:AUTO - Get Free Report)'s stock price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 783.11 ($10.12) and traded as high as GBX 792 ($10.23). Auto Trader Group shares last traded at GBX 772 ($9.98), with a volume of 1,371,132 shares traded.
Analyst Upgrades and Downgrades
A number of brokerages recently commented on AUTO. JPMorgan Chase & Co. restated an "underweight" rating on shares of Auto Trader Group in a report on Tuesday, February 18th. Citigroup raised their price objective on shares of Auto Trader Group from GBX 881 ($11.38) to GBX 946 ($12.22) and gave the stock a "neutral" rating in a report on Thursday, January 23rd. Two analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, Auto Trader Group currently has a consensus rating of "Hold" and a consensus target price of GBX 864.25 ($11.17).
View Our Latest Research Report on Auto Trader Group
Auto Trader Group Stock Up 0.9 %
The company has a current ratio of 1.66, a quick ratio of 1.50 and a debt-to-equity ratio of 6.26. The firm's 50 day simple moving average is GBX 782.45 and its 200-day simple moving average is GBX 821.90. The stock has a market capitalization of £6.91 billion, a price-to-earnings ratio of 27.73, a price-to-earnings-growth ratio of 3.99 and a beta of 0.78.
Auto Trader Group Cuts Dividend
The firm also recently declared a dividend, which was paid on Friday, January 24th. Shareholders of record on Thursday, January 2nd were paid a GBX 3.50 ($0.05) dividend. The ex-dividend date was Thursday, January 2nd. This represents a yield of 0.41%. Auto Trader Group's payout ratio is currently 35.44%.
About Auto Trader Group
(
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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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