Penske Automotive Group Inc (PAG) is Trading Lower on Unusual Volume for January 06

Equities Staff |

Penske Automotive Group Inc (PAG) experienced unusually high volume on Jan. 06, as the stock lost 7.31% to a closing price of $36.52. The stock saw 1.15 million shares trade hands over the course of the day on 9,828 trades. Given that the stock’s average daily volume over the last month has been 371,797 shares a day, this represents a pretty substantial spike over the norm.

Penske Automotive Group Inc has a P/B ratio of 1.85. It also has a P/E ratio of 10.9. The stock has traded between $54.39 and $39.00 over the last 52-weeks, its 50-day SMA is now $45.61, and its 200-day SMA $49.59.

Penske Automotive Group Inc is a transportation services company. It operates automotive and commercial vehicle dealership in the United States and Western Europe & distributes commercial vehicles, diesel engines and related parts.

Headquartered in Bloomfield Hills, MI, Penske Automotive Group Inc has 22,000 employees and is currently under the leadership of CEO Gregory W. Penske / Roger S. Penske.

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

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For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

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

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