Auto Trader Group plc (LON:AUTO - Get Free Report)'s stock price passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 859.16 ($10.89) and traded as low as GBX 792.40 ($10.04). Auto Trader Group shares last traded at GBX 801.60 ($10.16), with a volume of 4,034,193 shares traded.
Analyst Ratings Changes
Several research firms have recently commented on AUTO. Shore Capital downgraded shares of Auto Trader Group to a "sell" rating in a research note on Thursday, November 7th. Berenberg Bank reduced their price objective on Auto Trader Group from GBX 880 ($11.15) to GBX 830 ($10.52) and set a "hold" rating for the company in a research note on Thursday, November 7th.
Read Our Latest Report on AUTO
Auto Trader Group Price Performance
The stock has a 50-day moving average price of GBX 857.94 and a 200 day moving average price of GBX 818.45. The company has a quick ratio of 1.50, a current ratio of 1.66 and a debt-to-equity ratio of 6.26. The firm has a market capitalization of £7.18 billion, a PE ratio of 2,849.29, a PEG ratio of 3.99 and a beta of 0.78.
Auto Trader Group Cuts Dividend
The firm also recently announced a dividend, which will be paid on Friday, January 24th. Investors of record on Thursday, January 2nd will be issued a GBX 3.50 ($0.04) dividend. This represents a yield of 0.41%. The ex-dividend date of this dividend is Thursday, January 2nd. Auto Trader Group's dividend payout ratio (DPR) is presently 3,571.43%.
Insider Activity at Auto Trader Group
In related news, insider Jamie Warner sold 54,487 shares of the stock in a transaction on Wednesday, August 21st. The shares were sold at an average price of GBX 824 ($10.44), for a total transaction of £448,972.88 ($569,112.54). 1.04% of the stock is currently owned by corporate insiders.
Auto Trader Group Company Profile
(
Get Free Report)
Auto Trader Group plc operates in the digital automotive marketplace in the United Kingdom and Ireland. The company provides vehicle advertisement on its websites for private sellers, as well as insurance and loan financing products to consumers; and display advertising on its websites for manufacturers and their advertising agencies.
See Also
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
Click the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
