AutoCanada Inc. (TSE:ACQ – Get Free Report) insider EdgePoint Investment Group Inc. purchased 4,700 shares of the company’s stock in a transaction that occurred on Friday, April 12th. The shares were purchased at an average price of C$23.75 per share, for a total transaction of C$111,604.79.
EdgePoint Investment Group Inc. also recently made the following trade(s):
- On Tuesday, March 19th, EdgePoint Investment Group Inc. purchased 21,200 shares of AutoCanada stock. The shares were purchased at an average price of C$26.64 per share, for a total transaction of C$564,865.52.
- On Wednesday, March 13th, EdgePoint Investment Group Inc. acquired 3,750 shares of AutoCanada stock. The shares were bought at an average price of C$23.92 per share, with a total value of C$89,694.38.
AutoCanada Stock Up 1.3 %
ACQ stock opened at C$24.31 on Friday. AutoCanada Inc. has a 1-year low of C$15.14 and a 1-year high of C$27.54. The business has a fifty day moving average price of C$23.54 and a 200-day moving average price of C$22.51. The company has a debt-to-equity ratio of 396.08, a current ratio of 1.04 and a quick ratio of 0.25. The stock has a market capitalization of C$573.96 million, a P/E ratio of 11.80, a P/E/G ratio of 0.30 and a beta of 2.60.
Analyst Upgrades and Downgrades
ACQ has been the subject of a number of recent research reports. Cormark set a C$35.00 price objective on AutoCanada in a research note on Tuesday, March 19th. BMO Capital Markets lowered their price objective on AutoCanada from C$24.00 to C$23.00 and set a “market perform” rating for the company in a research note on Friday, March 8th. CIBC lowered their price objective on AutoCanada from C$22.50 to C$22.00 and set a “neutral” rating for the company in a research note on Friday, March 8th. Canaccord Genuity Group lowered their price objective on 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. Finally, National Bankshares lowered their price objective 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. Five investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, AutoCanada has a consensus rating of “Hold” and a consensus price target of C$27.65.
Get Our Latest Stock Analysis on ACQ
About AutoCanada
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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