Auto Trader Group plc (LON:AUTO - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 829.03 ($10.12) and traded as low as GBX 776.80 ($9.48). Auto Trader Group shares last traded at GBX 781.20 ($9.54), with a volume of 2,122,242 shares traded.
Wall Street Analyst Weigh In
Several analysts recently weighed in on AUTO shares. JPMorgan Chase & Co. lifted their price target on Auto Trader Group from GBX 688 ($8.40) to GBX 746 ($9.11) and gave the stock an "underweight" rating in a report on Thursday, December 5th. Berenberg Bank reduced their target price on shares of Auto Trader Group from GBX 880 ($10.74) to GBX 830 ($10.13) and set a "hold" rating for the company in a research report on Thursday, November 7th. Finally, Shore Capital downgraded shares of Auto Trader Group to a "sell" rating in a research note on Thursday, November 7th.
Read Our Latest Analysis on AUTO
Auto Trader Group Price Performance
The company's 50-day moving average is GBX 814.17 and its 200-day moving average is GBX 828.70. The firm has a market cap of £6.92 billion, a price-to-earnings ratio of 2,764.29, a price-to-earnings-growth ratio of 3.99 and a beta of 0.78. 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 firm also recently declared a dividend, which will be paid on Friday, January 24th. Stockholders of record on Thursday, January 2nd will be paid a GBX 3.50 ($0.04) dividend. The ex-dividend date is Thursday, January 2nd. This represents a dividend yield of 0.41%. Auto Trader Group's payout ratio is 3,571.43%.
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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