Auto Trader Group (LON:AUTO) Reaches New 52-Week High at $887.80

Auto Trader Group plc (LON:AUTO)’s share price reached a new 52-week high on Monday . The company traded as high as GBX 887.80 ($11.73) and last traded at GBX 885.20 ($11.69), with a volume of 1309822 shares. The stock had previously closed at GBX 874.80 ($11.56).

Analyst Ratings Changes

Several brokerages have commented on AUTO. Jefferies Financial Group raised their price target on shares of Auto Trader Group from GBX 830 ($10.96) to GBX 935 ($12.35) and gave the company a “buy” rating in a report on Tuesday, July 2nd. Shore Capital reissued a “hold” rating on shares of Auto Trader Group in a research note on Thursday, May 30th. Finally, JPMorgan Chase & Co. upped their target price on Auto Trader Group from GBX 608 ($8.03) to GBX 624 ($8.24) and gave the stock an “underweight” rating in a research note on Friday, May 31st.

Auto Trader Group Trading Up 1.2 %

The stock’s 50 day simple moving average is GBX 829.72 and its 200 day simple moving average is GBX 779.22. The firm has a market cap of £7.92 billion, a PE ratio of 3,124.29, a PEG ratio of 3.99 and a beta of 0.78. The company has a debt-to-equity ratio of 6.26, a quick ratio of 1.50 and a current ratio of 1.66.

Insider Buying and Selling

In other news, insider Jamie Warner sold 54,487 shares of the company’s stock in a transaction dated Wednesday, August 21st. The stock was sold at an average price of GBX 824 ($10.89), for a total value of £448,972.88 ($593,094.95). 1.04% of the stock is owned by company insiders.

Auto Trader Group Company Profile

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.