Lookers (LON:LOOK) Stock Price Crosses Above Two Hundred Day Moving Average of $66.08
Lookers PLC (LON:LOOK) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $66.08 and traded as high as $56.60. Lookers shares last traded at $55.90, with a volume of 335,186 shares trading hands.
LOOK has been the topic of several analyst reports. Peel Hunt reiterated a “hold” rating and issued a GBX 45 ($0.59) price objective on shares of Lookers in a research note on Tuesday, October 15th. JPMorgan Chase & Co. increased their price objective on Lookers from GBX 47 ($0.61) to GBX 48 ($0.63) and gave the company a “neutral” rating in a research note on Thursday, August 15th. Liberum Capital reiterated a “buy” rating on shares of Lookers in a research note on Wednesday, August 14th. Finally, Peel Hunt reiterated a “hold” rating and issued a GBX 45 ($0.59) price objective on shares of Lookers in a research note on Tuesday, October 15th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of GBX 69.20 ($0.90).
The firm has a market capitalization of $217.58 million and a price-to-earnings ratio of 7.87. The company has a debt-to-equity ratio of 77.11, a current ratio of 1.07 and a quick ratio of 0.29. The firm has a 50 day moving average price of GBX 53.31 and a 200-day moving average price of GBX 65.85.
In other Lookers news, insider Mark Douglas Raban bought 50,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 14th. The shares were purchased at an average price of GBX 44 ($0.57) per share, with a total value of £22,000 ($28,746.90). Also, insider Tony Bramall bought 1,020,000 shares of the company’s stock in a transaction that occurred on Thursday, August 22nd. The stock was acquired at an average cost of GBX 50 ($0.65) per share, for a total transaction of £510,000 ($666,405.33). Over the last quarter, insiders bought 2,630,000 shares of company stock worth $128,170,000.
About Lookers (LON:LOOK)
Lookers plc engages in the sale, hire, and maintenance of motor vehicles and motorcycles in the United Kingdom and Ireland. The company engages in the sale of new and used cars, and vans; and servicing, repair, and sale of franchised parts to customers' vehicles. It operates 155 franchised dealerships representing 32 manufacturers from 100 locations.
See Also: Most Volatile Stocks
Receive News & Ratings for Lookers Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lookers and related companies with MarketBeat.com's FREE daily email newsletter.