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Highlights
- AutoCanada's market cap stands at C$426.93 million
- Debt-to-equity ratio recorded at 444.38
- Shares trade between C$13.75 and C$27.44 over the last yet
AutoCanada (TSX:ACQ) operates within the automotive retail sector, focusing on the distribution and sale of new and used vehicles. The company manages a network of dealerships representing various automotive brands, offering consumers a diverse selection of vehicle options.
Stock Opening and Trading Range
On Tuesday, shares of AutoCanada (ACQ) commenced trading at C$18.41. Over the past 52 weeks, the stock has experienced significant fluctuations, reaching a low of C$13.75 and a high of C$27.44. This trading range highlights the stock's volatility within the automotive industry.
Financial Ratios
AutoCanada exhibits a debt-to-equity ratio of 444.38, indicating a substantial level of debt relative to its equity. The company's liquidity is reflected in a quick ratio of 0.25 and a current ratio of 1.03. These financial ratios provide insight into the company's ability to meet its short-term obligations and manage its financial leverage.
Moving Averages
The stock's performance is further analyzed through its moving averages. The 50-day moving average price stands at C$16.93, while the 200-day moving average price is C$17.34. These moving averages are commonly used to assess the stock's trend direction and potential support or resistance levels.
Valuation Metrics
AutoCanada's market capitalization is reported at C$426.93 million. The price-to-earnings (P/E) ratio is recorded at -11.73, and the price-to-earnings-growth (P/E/G) ratio is 0.30. Additionally, the company has a beta of 2.54, suggesting that the stock is more volatile compared to the broader market. These valuation metrics provide a framework for understanding the company's financial health and market positioning.
Liquidity Ratios
The company's current ratio of 1.03 indicates that AutoCanada has just over enough current assets to cover its current liabilities. However, the quick ratio of 0.25 suggests that excluding inventory, the company may face challenges in meeting its short-term obligations solely with its most liquid assets.
Market Capitalization and Beta
With a market capitalization of C$426.93 million, AutoCanada is positioned as a mid-sized player within the automotive retail sector. The beta value of 2.54 highlights the stock's sensitivity to market movements, implying that it may experience greater price swings compared to the overall market.
