AutoCanada Inc. (TSE:ACQ - Get Free Report)'s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$17.10 and traded as high as C$17.52. AutoCanada shares last traded at C$17.33, with a volume of 2,736 shares traded.
Analyst Upgrades and Downgrades
Several research firms have weighed in on ACQ. National Bank Financial upgraded AutoCanada from a "hold" rating to a "strong-buy" rating in a report on Wednesday, November 13th. National Bankshares raised AutoCanada from a "sector perform" rating to an "outperform" rating and raised their price objective for the company from C$17.00 to C$21.00 in a research note on Thursday, November 14th. CIBC decreased their target price on AutoCanada from C$15.50 to C$15.00 in a research report on Friday, November 15th. Finally, BMO Capital Markets lowered their price target on AutoCanada from C$19.50 to C$19.00 in a report on Thursday, November 14th. One investment analyst has rated the stock with a sell rating, six have given a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of C$19.44.
Check Out Our Latest Stock Analysis on ACQ
AutoCanada Trading Up 2.5 %
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 business's 50 day moving average price is C$17.31 and its 200-day moving average price is C$17.11. The company has a market cap of C$412.09 million, a price-to-earnings ratio of -11.32, a PEG ratio of 0.30 and a beta of 2.54.
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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