AutoCanada (TSE:ACQ) Shares Pass Above 200-Day Moving Average – Should You Sell?

Shares of AutoCanada Inc. (TSE:ACQ – Get Free Report) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$17.10 and traded as high as C$17.52. AutoCanada shares last traded at C$17.33, with a volume of 2,736 shares changing hands. Wall Street [...]

featured-image

Shares of AutoCanada Inc. ( TSE:ACQ – Get Free Report ) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$17.

10 and traded as high as C$17.52. AutoCanada shares last traded at C$17.



33, with a volume of 2,736 shares changing hands. Wall Street Analyst Weigh In A number of research analysts have weighed in on ACQ shares. CIBC reduced their target price on AutoCanada from C$15.

50 to C$15.00 in a report on Friday, November 15th. BMO Capital Markets reduced their target price on AutoCanada from C$19.

50 to C$19.00 in a report on Thursday, November 14th. National Bankshares raised AutoCanada from a “sector perform” rating to an “outperform” rating and lifted their target price for the company from C$17.

00 to C$21.00 in a report on Thursday, November 14th. Finally, National Bank Financial raised AutoCanada from a “hold” rating to a “strong-buy” rating in a report on Wednesday, November 13th.

One investment analyst has rated the stock with a sell rating, six have given a hold rating, two have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of C$19.44.

Read Our Latest Research Report on AutoCanada AutoCanada Stock Up 1.6 % About AutoCanada ( Get Free Report ) 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.

Recommended Stories Five stocks we like better than AutoCanada 2 Rising CRM Platform Stocks That Can Surge Higher in 2025 Work and Play: Investing in the Rise of Bleisure Travel Find and Profitably Trade Stocks at 52-Week Lows Top Dividend Stocks to Buy Now as Bond Yields Could Lower How to Capture the Benefits of Dividend Increases SAP: AI Tailwinds Accelerating Enterprise Cloud Business Receive News & Ratings for AutoCanada Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AutoCanada and related companies with MarketBeat.com's FREE daily email newsletter ..