Auto Trader Group plc (LON:AUTO - Get Free Report) crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 844.04 ($11.05) and traded as high as GBX 860 ($11.26). Auto Trader Group shares last traded at GBX 856.80 ($11.21), with a volume of 1,293,693 shares.
Analysts Set New Price Targets
Separately, Jefferies Financial Group lifted their price target on shares of Auto Trader Group from GBX 830 ($10.86) to GBX 935 ($12.24) and gave the company a "buy" rating in a research note on Tuesday, July 2nd.
Read Our Latest Research Report on Auto Trader Group
Auto Trader Group Stock Up 0.3 %
The company has a debt-to-equity ratio of 6.26, a quick ratio of 1.50 and a current ratio of 1.66. The stock's 50 day simple moving average is GBX 844.04 and its 200 day simple moving average is GBX 789.32. The firm has a market cap of £7.69 billion, a P/E ratio of 3,069.29, a price-to-earnings-growth ratio of 3.99 and a beta of 0.78.
Insider Activity
In related news, insider Jamie Warner sold 54,487 shares of the company's stock in a transaction dated Wednesday, August 21st. The shares were sold at an average price of GBX 824 ($10.78), for a total value of £448,972.88 ($587,583.93). Corporate insiders own 1.04% of the company's stock.
Auto Trader Group Company Profile
(
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Auto Trader Group plc operates in the digital automotive marketplace in the United Kingdom and Ireland. The company provides vehicle advertisement on its websites for private sellers, as well as insurance and loan financing products to consumers; and display advertising on its websites for manufacturers and their advertising agencies.
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