AutoCanada (OTCMKTS:AOCIF) Shares Up 0.6% – Still a Buy?

AutoCanada Inc. (OTCMKTS:AOCIFGet Free Report) traded up 0.6% during trading on Wednesday . The company traded as high as $14.7685 and last traded at $14.7685. 2,135 shares traded hands during trading, a decline of 84% from the average session volume of 13,748 shares. The stock had previously closed at $14.68.

AutoCanada Stock Performance

The company has a 50 day simple moving average of $18.25 and a two-hundred day simple moving average of $18.45.

AutoCanada Company Profile

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AutoCanada Inc is an independent multi-location automotive dealership group headquartered in Edmonton, Alberta. The company operates a network of franchised retail dealerships, pre-owned vehicle outlets and collision repair centers. AutoCanada’s dealerships represent leading national and international original equipment manufacturers (OEMs), offering new vehicles as well as certified pre-owned and used automobiles to retail customers. In addition to vehicle sales, the company provides parts and service operations, delivering maintenance, warranty work and genuine OEM parts for a variety of makes and models.

Founded in 2006 by automotive entrepreneur Paul Antony, AutoCanada has grown through strategic acquisitions and organic expansion.

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