AutoCanada (OTCMKTS:AOCIF) Stock Price Up 2.1% – Still a Buy?

AutoCanada Inc. (OTCMKTS:AOCIF) traded up 2.1% during trading on Friday . The company traded as high as $25.00 and last traded at $25.00. 800 shares were traded during mid-day trading, a decline of 40% from the average session volume of 1,338 shares. The stock had previously closed at $24.48.

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. National Bankshares reissued an “outperform” rating on shares of AutoCanada in a research note on Thursday, August 14th. BMO Capital Markets raised shares of AutoCanada from a “market perform” rating to an “outperform” rating in a research note on Thursday, August 14th. Finally, CIBC raised shares of AutoCanada from a “neutral” rating to an “outperform” rating in a research note on Tuesday, August 26th. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, AutoCanada has an average rating of “Buy”.

AutoCanada Stock Performance

The company’s 50 day simple moving average is $20.46 and its 200-day simple moving average is $15.64.

AutoCanada Company Profile

AutoCanada Inc, through its subsidiaries, operates franchised automobile dealerships and related business. The company offers a range of automotive products and services, including new and used vehicles, vehicle leasing, vehicle parts, vehicle maintenance and collision repair services, and extended service contracts; and vehicle protection, after-market products, and auction services.