Auto Trader Group (LON:AUTO) Downgraded by Shore Capital to “Sell”

Auto Trader Group (LON:AUTO) was downgraded by stock analysts at Shore Capital to a “sell” rating in a research report issued to clients and investors on Thursday, Digital Look reports.

Auto Trader Group Stock Performance

AUTO traded down GBX 60.20 ($0.78) during midday trading on Thursday, reaching GBX 783.20 ($10.20). The company had a trading volume of 12,962,603 shares, compared to its average volume of 3,420,098. 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 business has a 50-day moving average price of GBX 867.20 and a two-hundred day moving average price of GBX 813.40. Auto Trader Group has a 12-month low of GBX 626.20 ($8.15) and a 12-month high of GBX 899 ($11.70). The stock has a market cap of £7.01 billion, a PE ratio of 2,797.14, a P/E/G ratio of 3.99 and a beta of 0.78.

Insider Activity at Auto Trader Group

In related news, insider Jamie Warner sold 54,487 shares of the stock in a transaction dated Wednesday, August 21st. The stock was sold at an average price of GBX 824 ($10.73), for a total transaction of £448,972.88 ($584,447.90). 1.04% of the stock is owned by company insiders.

About Auto Trader Group

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.