Shore Capital downgraded shares of Auto Trader Group (LON:AUTO – Free Report) to a sell rating in a research report released on Thursday, MarketBeat reports.
Auto Trader Group Trading Down 1.0 %
AUTO stock traded down GBX 8.20 ($0.11) during mid-day trading on Thursday, hitting GBX 774.80 ($10.09). 10,282,508 shares of the company were exchanged, compared to its average volume of 3,430,791. Auto Trader Group has a 12-month low of GBX 646 ($8.41) and a 12-month high of GBX 899 ($11.70). The firm has a market capitalization of £6.93 billion, a P/E ratio of 2,796.43, a PEG ratio of 3.99 and a beta of 0.78. The business has a fifty day simple moving average of GBX 865.99 and a 200-day simple moving average of GBX 814.21. The company has a quick ratio of 1.50, a current ratio of 1.66 and a debt-to-equity ratio of 6.26.
Auto Trader Group Cuts Dividend
The company also recently declared a dividend, which will be paid on Friday, January 24th. Shareholders of record on Thursday, January 2nd will be paid a dividend of GBX 3.50 ($0.05) per share. This represents a yield of 0.41%. The ex-dividend date of this dividend is Thursday, January 2nd. Auto Trader Group’s dividend payout ratio (DPR) is 3,571.43%.
Insider Activity at Auto Trader Group
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.
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