Shares of Auto Trader Group plc (LON:AUTO - Get Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 830.09 ($10.27) and traded as low as GBX 783.80 ($9.70). Auto Trader Group shares last traded at GBX 793 ($9.82), with a volume of 560,911 shares.
Analyst Upgrades and Downgrades
A number of research analysts have issued reports on the company. Berenberg Bank decreased their target price on Auto Trader Group from GBX 880 ($10.89) to GBX 830 ($10.27) and set a "hold" rating for the company in a research note on Thursday, November 7th. Shore Capital lowered Auto Trader Group to a "sell" rating in a research report on Thursday, November 7th. Finally, JPMorgan Chase & Co. raised their target price on shares of Auto Trader Group from GBX 688 ($8.52) to GBX 746 ($9.23) and gave the stock an "underweight" rating in a report on Thursday, December 5th.
Check Out Our Latest Analysis on Auto Trader Group
Auto Trader Group Stock Performance
The stock has a fifty day simple moving average of GBX 823.03 and a 200-day simple moving average of GBX 829.84. The stock has a market cap of £7.11 billion, a P/E ratio of 2,838.57, a PEG ratio of 3.99 and a beta of 0.78. The company has a debt-to-equity ratio of 6.26, a quick ratio of 1.50 and a current ratio of 1.66.
Auto Trader Group Cuts Dividend
The firm also recently disclosed a dividend, which will be paid on Friday, January 24th. Stockholders of record on Thursday, January 2nd will be issued 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 dividend payout ratio (DPR) is presently 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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