AutoCanada Inc. (TSE:ACQ – Get Free Report) insider EdgePoint Investment Group Inc. acquired 1,400 shares of AutoCanada stock in a transaction on Tuesday, April 16th. The shares were bought at an average price of C$23.83 per share, for a total transaction of C$33,362.00.
EdgePoint Investment Group Inc. also recently made the following trade(s):
- On Friday, April 19th, EdgePoint Investment Group Inc. acquired 2,400 shares of AutoCanada stock. The shares were bought at an average price of C$24.00 per share, for a total transaction of C$57,588.00.
- On Friday, April 12th, EdgePoint Investment Group Inc. purchased 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 stock was acquired 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. purchased 3,750 shares of AutoCanada stock. The stock was acquired at an average price of C$23.92 per share, for a total transaction of C$89,694.38.
AutoCanada Stock Down 1.5 %
ACQ stock opened at C$23.91 on Thursday. The company has a quick ratio of 0.25, a current ratio of 1.04 and a debt-to-equity ratio of 396.08. AutoCanada Inc. has a fifty-two week low of C$15.14 and a fifty-two week high of C$27.54. The firm’s 50-day simple moving average is C$23.73 and its 200 day simple moving average is C$22.52. The stock has a market cap of C$564.52 million, a PE ratio of 11.61, a price-to-earnings-growth ratio of 0.30 and a beta of 2.60.
Wall Street Analyst Weigh In
A number of research analysts have recently issued reports on ACQ shares. Scotiabank raised their price target on shares of AutoCanada from C$26.00 to C$28.00 and gave the stock an “outperform” rating in a research report on Friday, March 8th. BMO Capital Markets reduced their price target on shares of 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. Acumen Capital reduced their price target on shares of AutoCanada from C$33.00 to C$24.50 and set a “speculative buy” rating on the stock in a research report on Friday, March 8th. Canaccord Genuity Group reduced their price target on shares of AutoCanada from C$22.00 to C$20.00 and set a “hold” rating on the stock in a research report on Friday, March 8th. Finally, CIBC increased their price objective on shares of AutoCanada from C$22.00 to C$25.00 and gave the stock a “neutral” rating in a report on Friday, April 19th. Five research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, AutoCanada presently has a consensus rating of “Hold” and an average price target of C$27.95.
Read Our Latest Analysis on ACQ
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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