Asbury Automotive Group Inc. (ABG) is Trading Lower on Unusual Volume for January 06

Equities Staff |

Asbury Automotive Group Inc. (ABG) experienced unusually high volume on Jan. 06, as the stock lost 12.27% to a closing price of $57.14. The stock saw 1.49 million shares trade hands over the course of the day on 11,494 trades. Given that the stock’s average daily volume over the last month has been 281,901 shares a day, this represents a pretty substantial spike over the norm.

Asbury Automotive Group Inc. has a P/B ratio of 4.61. It also has a P/E ratio of 12.5. The stock has traded between $96.58 and $64.29 over the last 52-weeks, its 50-day SMA is now $73.28, and its 200-day SMA $82.33.

Asbury Automotive Group Inc is an automotive retailer in the United States. Its products and services include new and used vehicles, vehicle maintenance, replacement parts and collision repair services and new and used vehicle financing.

Headquartered in Duluth, GA, Asbury Automotive Group Inc. has 8,300 employees and is currently under the leadership of CEO Craig T. Monaghan.

For a complete fundamental analysis analysis of Asbury Automotive Group Inc., check out Equities.com’s Stock Valuation Analysis report for ABG. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

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All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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