AutoCanada Inc. (TSE:ACQ – Get Free Report) insider EdgePoint Investment Group Inc. purchased 2,400 shares of the stock in a transaction dated Friday, April 19th. The stock was purchased at an average price of C$24.00 per share, with a total value of C$57,588.00.
EdgePoint Investment Group Inc. also recently made the following trade(s):
- On Tuesday, April 16th, EdgePoint Investment Group Inc. purchased 1,400 shares of AutoCanada stock. The stock was purchased at an average price of C$23.83 per share, with a total value of C$33,362.00.
- On Friday, April 12th, EdgePoint Investment Group Inc. bought 4,700 shares of AutoCanada stock. The stock was bought at an average cost of C$23.75 per share, for a total transaction of C$111,604.79.
- On Tuesday, March 19th, EdgePoint Investment Group Inc. bought 21,200 shares of AutoCanada stock. The stock was bought at an average cost of C$26.64 per share, for a total transaction 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 cost of C$23.92 per share, for a total transaction of C$89,694.38.
AutoCanada Trading Up 2.1 %
TSE:ACQ opened at C$24.00 on Friday. AutoCanada Inc. has a 1 year low of C$15.14 and a 1 year high of C$27.54. The stock has a market cap of C$566.64 million, a price-to-earnings ratio of 11.65, a PEG ratio of 0.30 and a beta of 2.60. The business has a fifty day moving average of C$23.83 and a 200-day moving average of C$22.54. The company has a debt-to-equity ratio of 396.08, a quick ratio of 0.25 and a current ratio of 1.04.
Wall Street Analysts Forecast Growth
Several equities research analysts have weighed in on the company. National Bankshares dropped their target price on AutoCanada from C$24.50 to C$22.00 and set a “sector perform” rating on the stock in a research report on Friday, March 8th. Scotiabank increased their target price on AutoCanada from C$26.00 to C$28.00 and gave the stock an “outperform” rating in a research report on Friday, March 8th. Cormark set a C$35.00 target price on AutoCanada in a research report on Tuesday, March 19th. 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. Finally, Canaccord Genuity Group decreased their price target 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. Five analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, AutoCanada currently has an average rating of “Hold” and a consensus price target of C$27.95.
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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