AutoCanada Inc. (TSE:ACQ - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$16.89 and traded as high as C$18.73. AutoCanada shares last traded at C$18.07, with a volume of 18,394 shares.
Wall Street Analyst Weigh In
A number of brokerages recently issued reports on ACQ. CIBC increased their price target on AutoCanada from C$15.00 to C$16.00 and gave the stock an "underperform" rating in a research report on Monday, January 13th. National Bankshares raised AutoCanada from a "sector perform" rating to an "outperform" rating and increased their price target for the stock from C$17.00 to C$21.00 in a research report on Thursday, November 14th. National Bank Financial raised AutoCanada from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, November 13th. Finally, BMO Capital Markets reduced their price target on AutoCanada from C$19.50 to C$19.00 in a research report on Thursday, November 14th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, AutoCanada currently has a consensus rating of "Hold" and an average target price of C$19.56.
View Our Latest Stock Analysis on ACQ
AutoCanada Stock Performance
The company has a debt-to-equity ratio of 444.38, a quick ratio of 0.25 and a current ratio of 1.03. The company has a market cap of C$429.48 million, a price-to-earnings ratio of -11.80, a P/E/G ratio of 0.30 and a beta of 2.54. The company has a fifty day moving average of C$17.94 and a two-hundred day moving average of C$16.89.
About AutoCanada
(
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AutoCanada Inc, through its subsidiaries, operates franchised automobile dealerships and related business. The company offers a range of automotive products and services, including new and used vehicles, vehicle leasing, vehicle parts, vehicle maintenance and collision repair services, and extended service contracts; and vehicle protection, after-market products, and auction services.
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