AutoCanada Inc. (TSE:ACQ - Get Free Report) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$17.21 and traded as high as C$17.52. AutoCanada shares last traded at C$17.50, with a volume of 2,590 shares trading hands.
Analyst Upgrades and Downgrades
A number of research firms have recently commented on ACQ. National Bankshares raised AutoCanada from a "sector perform" rating to an "outperform" rating and raised their price target for the stock from C$17.00 to C$21.00 in a research report on Thursday, November 14th. BMO Capital Markets dropped their target price on shares of AutoCanada from C$19.50 to C$19.00 in a report on Thursday, November 14th. CIBC cut their price target on shares of AutoCanada from C$15.50 to C$15.00 in a research note on Friday, November 15th. Finally, National Bank Financial raised shares of AutoCanada from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, November 13th. One analyst has rated the stock with a sell rating, six have issued a hold rating, two have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of C$19.44.
Read Our Latest Stock Report on ACQ
AutoCanada Stock Performance
The stock's 50-day moving average price is C$17.13 and its 200 day moving average price is C$17.21. The firm has a market cap of C$405.83 million, a P/E ratio of -11.15, a price-to-earnings-growth ratio of 0.30 and a beta of 2.54. The company has a debt-to-equity ratio of 444.38, a current ratio of 1.03 and a quick ratio of 0.25.
AutoCanada Company Profile
(
Get Free Report)
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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