Auto Trader Group plc (LON:AUTO - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 809.67 ($10.35) and traded as low as GBX 743.20 ($9.50). Auto Trader Group shares last traded at GBX 764.31 ($9.77), with a volume of 2,050,397 shares.
Analyst Ratings Changes
AUTO has been the subject of several research reports. Citigroup raised their price target on shares of Auto Trader Group from GBX 881 ($11.26) to GBX 946 ($12.09) and gave the stock a "neutral" rating in a research note on Thursday, January 23rd. JPMorgan Chase & Co. reissued an "underweight" rating and set a GBX 746 ($9.53) price target on shares of Auto Trader Group in a research report on Thursday, March 20th. 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 MarketBeat, Auto Trader Group presently has an average rating of "Hold" and a consensus target price of GBX 864.25 ($11.04).
Read Our Latest Report on Auto Trader Group
Auto Trader Group Price Performance
The stock has a market capitalization of £6.41 billion, a P/E ratio of 25.73, a price-to-earnings-growth ratio of 3.99 and a beta of 0.78. The company has a debt-to-equity ratio of 6.26, a current ratio of 1.66 and a quick ratio of 1.50. The company's 50-day simple moving average is GBX 763.85 and its 200-day simple moving average is GBX 804.40.
Auto Trader Group Cuts Dividend
The company also recently announced a dividend, which was paid on Friday, January 24th. Stockholders of record on Thursday, January 2nd were issued a GBX 3.50 ($0.04) dividend. The ex-dividend date was Thursday, January 2nd. This represents a dividend yield of 0.41%. Auto Trader Group's payout ratio is 35.44%.
Insider Buying and Selling
In other Auto Trader Group news, insider Nathan Coe sold 2,083,252 shares of the firm's stock in a transaction on Thursday, March 27th. The stock was sold at an average price of GBX 386 ($4.93), for a total transaction of £8,041,352.72 ($10,275,175.98). 1.04% of the stock is currently owned by corporate insiders.
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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