AutoCanada Inc. (TSE:ACQ – Get Free Report) insider EdgePoint Investment Group Inc. acquired 1,400 shares of AutoCanada stock in a transaction that occurred on Tuesday, April 16th. The stock was acquired at an average cost of C$23.83 per share, with a total value of C$33,362.00.
EdgePoint Investment Group Inc. also recently made the following trade(s):
- On Friday, April 12th, EdgePoint Investment Group Inc. bought 4,700 shares of AutoCanada stock. The stock was acquired at an average price of C$23.75 per share, for a total transaction of C$111,604.79.
- On Tuesday, March 19th, EdgePoint Investment Group Inc. purchased 21,200 shares of AutoCanada stock. The shares were bought at an average price of C$26.64 per share, with a total value of C$564,865.52.
- On Wednesday, March 13th, EdgePoint Investment Group Inc. bought 3,750 shares of AutoCanada stock. The stock was bought at an average price of C$23.92 per share, with a total value of C$89,694.38.
AutoCanada Stock Up 1.2 %
ACQ opened at C$24.45 on Tuesday. The firm has a market cap of C$577.26 million, a P/E ratio of 11.87, a price-to-earnings-growth ratio of 0.30 and a beta of 2.60. The company has a debt-to-equity ratio of 396.08, a quick ratio of 0.25 and a current ratio of 1.04. The business has a 50 day moving average price of C$23.65 and a 200 day moving average price of C$22.52. AutoCanada Inc. has a twelve month low of C$15.14 and a twelve month high of C$27.54.
Analysts Set New Price Targets
ACQ has been the topic of several research analyst reports. Scotiabank boosted their price target on shares of AutoCanada from C$26.00 to C$28.00 and gave the company an “outperform” rating in a report on Friday, March 8th. BMO Capital Markets dropped their target price on AutoCanada from C$24.00 to C$23.00 and set a “market perform” rating on the stock in a research report on Friday, March 8th. National Bankshares lowered their price target on AutoCanada from C$24.50 to C$22.00 and set a “sector perform” rating for the company in a research note on Friday, March 8th. Acumen Capital dropped their price objective on AutoCanada from C$33.00 to C$24.50 and set a “speculative buy” rating on the stock in a report on Friday, March 8th. Finally, Canaccord Genuity Group reduced their target price on shares of AutoCanada from C$22.00 to C$20.00 and set a “hold” rating for the company in a research note on Friday, March 8th. Five analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, AutoCanada presently has an average rating of “Hold” and a consensus price target of C$27.95.
View Our Latest Report on AutoCanada
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.
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