AutoCanada Inc. (ACQ:CA) Declines 5.07% for July 12

Equities Staff  |

It was a tough day for AutoCanada Inc. (ACQ:CA) as its stock fell 5.07% to finish the day at $15.34 a share on July 12. That reduces the company’s market cap to 421.23 million on 27.46 million outstanding shares. AutoCanada Inc. is a component of the the S&P/TSX SmallCap Index.

281,803 shares exchanged hands over the course of the day as compared with an average daily volume of 187,116 over the last 30 days.

AutoCanada Inc through its subsidiaries, is engaged in the operation of franchised automobile dealerships. The company offers automotive products and services, including new vehicles, used vehicles, vehicle parts.. AutoCanada Inc. makes its home in Edmonton, AB, and currently has CEO Steven J. Landry at the helm.

The past 52 weeks have seen the stock trade in a range between a high of $26.11 and a low of $15.48, and it’s currently sporting a 50-day SMA of $17.13 and a 200-day SMA of $21.18. The current P/E ratio stands at 7.5, with a P/B ratio of 0.82.

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AutoCanada Inc. ($ACQ:CA) is one of the 200 Canadian small-cap stocks that make up the S&P500/TSX SmallCap Index, the widely recognized benchmark for gauging the performance of the Canadian small-cap market. Similar to the Russell 2000 in the United States, the index is market cap-weighted and consists only of smaller companies. To be a part of the index, a company must have a market capitalization between C$100 million and C$1.5 billion with an average share price of C$1 or more.

To get more information on AutoCanada Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: ACQ:CA’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

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



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