AutoCanada Inc. (TSE:ACQ – Get Free Report) insider EdgePoint Investment Group Inc. purchased 18,100 shares of the business’s stock in a transaction on Wednesday, September 11th. The stock was purchased at an average price of C$14.44 per share, for a total transaction of C$261,364.00.
EdgePoint Investment Group Inc. also recently made the following trade(s):
- On Friday, September 6th, EdgePoint Investment Group Inc. bought 11,400 shares of AutoCanada stock. The stock was purchased at an average price of C$14.33 per share, for a total transaction of C$163,349.46.
- On Thursday, August 29th, EdgePoint Investment Group Inc. bought 18,200 shares of AutoCanada stock. The shares were acquired at an average cost of C$14.88 per share, with a total value of C$270,901.54.
- On Wednesday, August 21st, EdgePoint Investment Group Inc. purchased 7,600 shares of AutoCanada stock. The shares were bought at an average price of C$14.33 per share, with a total value of C$108,939.16.
AutoCanada Price Performance
Shares of ACQ traded down C$0.14 during trading hours on Monday, reaching C$14.57. 9,265 shares of the company’s stock traded hands, compared to its average volume of 50,601. AutoCanada Inc. has a 12 month low of C$13.75 and a 12 month high of C$27.54. The company has a current ratio of 1.03, a quick ratio of 0.25 and a debt-to-equity ratio of 444.38. The firm’s 50 day simple moving average is C$16.93 and its 200-day simple moving average is C$20.41. The stock has a market cap of C$337.88 million, a PE ratio of -9.37, a price-to-earnings-growth ratio of 0.30 and a beta of 2.54.
Analysts Set New Price Targets
ACQ has been the topic of a number of recent research reports. Canaccord Genuity Group dropped their target price on AutoCanada from C$18.00 to C$15.00 and set a “hold” rating on the stock in a report on Wednesday, August 14th. CIBC lowered their target price on shares of AutoCanada from C$18.00 to C$15.50 and set an “underperform” rating for the company in a report on Wednesday, August 14th. ATB Capital reduced their price objective on shares of AutoCanada from C$25.00 to C$20.00 in a research report on Wednesday, August 14th. Acumen Capital cut their target price on AutoCanada from C$21.50 to C$19.75 in a research note on Thursday, August 15th. Finally, Cormark dropped their price target on AutoCanada from C$25.50 to C$21.75 in a report on Wednesday, August 14th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of C$19.11.
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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