Auto Trader Group (LON:AUTO) Stock Rating Lowered by Shore Capital

Auto Trader Group (LON:AUTO) was downgraded by equities research analysts at Shore Capital to a “sell” rating in a research note issued on Thursday, Marketbeat Ratings reports.

Auto Trader Group Trading Down 0.7 %

Shares of AUTO stock opened at GBX 777.60 ($10.12) on Thursday. The company has a market capitalization of £6.96 billion, a price-to-earnings ratio of 2,777.14, a PEG ratio of 3.99 and a beta of 0.78. The company has a current ratio of 1.66, a quick ratio of 1.50 and a debt-to-equity ratio of 6.26. The firm has a 50-day moving average price of GBX 864.63 and a 200 day moving average price of GBX 813.95. Auto Trader Group has a twelve month low of GBX 646 ($8.41) and a twelve month high of GBX 899 ($11.70).

Insiders Place Their Bets

In other news, insider Jamie Warner sold 54,487 shares of Auto Trader Group stock in a transaction on Wednesday, August 21st. The stock was sold at an average price of GBX 824 ($10.73), for a total value of £448,972.88 ($584,447.90). Corporate insiders own 1.04% of the company’s stock.

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.