AutoCanada Inc. (TSE:ACQ – Get Free Report) insider EdgePoint Investment Group Inc. bought 4,700 shares of the stock in a transaction on Friday, April 12th. The stock was purchased at an average price of C$23.75 per share, with a total value of C$111,604.79.
EdgePoint Investment Group Inc. also recently made the following trade(s):
- On Tuesday, March 19th, EdgePoint Investment Group Inc. bought 21,200 shares of AutoCanada stock. The stock was purchased 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 purchased at an average price of C$23.92 per share, with a total value of C$89,694.38.
AutoCanada Stock Performance
Shares of ACQ stock traded down C$0.50 during mid-day trading on Wednesday, reaching C$24.00. The stock had a trading volume of 12,786 shares, compared to its average volume of 32,652. The firm has a market cap of C$566.64 million, a price-to-earnings ratio of 11.89, a PEG ratio of 0.30 and a beta of 2.60. AutoCanada Inc. has a 1-year low of C$15.14 and a 1-year high of C$27.54. The business’s fifty day moving average is C$23.42 and its 200-day moving average is C$22.49. The company has a current ratio of 1.04, a quick ratio of 0.25 and a debt-to-equity ratio of 396.08.
Analyst Ratings Changes
A number of equities research analysts recently weighed in on ACQ shares. National Bankshares decreased 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. BMO Capital Markets decreased 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. Scotiabank upped their price objective on AutoCanada from C$26.00 to C$28.00 and gave the stock an “outperform” rating in a research note on Friday, March 8th. Cormark set a C$35.00 price objective on AutoCanada in a research note on Tuesday, March 19th. Finally, Acumen Capital decreased their price objective on AutoCanada from C$33.00 to C$24.50 and set a “speculative buy” rating for the company in a research note on Friday, March 8th. Five research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, AutoCanada presently has an average rating of “Hold” and an average price target of C$27.65.
Get Our Latest Stock 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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