AutoNation (AN) : During the past 4 weeks, traders have been relatively bearish on AutoNation (AN), hence the stock is down -4.88% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -2.35% relative to the S&P 500. The 4-week change in the price of the stock is -3.9% and the stock has fallen -2.3% in the past 1 week.
The stock has recorded a 20-day Moving Average of 3.78% and the 50-Day Moving Average is 1.13%. AutoNation (NYSE:AN): On Fridays trading session , Opening price of the stock was $49.29 with an intraday high of $49.54. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $48.47. However, the stock managed to close at $48.84, a loss of 1.25% for the day. On the previous day, the stock had closed at $49.46. The total traded volume of the day was 664,207 shares.
The company Insiders own 2.9% of AutoNation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -44.81% . Institutional Investors own 66.2% of AutoNation shares. During last six month period, the net percent change held by insiders has seen a change of -44.81%. Also, Seaport Global initiates coverage on AutoNation (NYSE:AN). The shares have now been rated Neutral by the stock experts at the ratings house. The rating by the firm was issued on August 9, 2016.
AutoNation, Inc. is an automotive retailer in the United States. The Company offers a range of automotive products and services, including new vehicles, used vehicles, parts and service, which includes automotive repair and maintenance services, as well as wholesale parts and collision businesses, and automotive finance and insurance products, which includes vehicle service and other protection products, as well as the arranging of financing for vehicle purchases through third-party finance sources. It operates through three segments: The Domestic segment consists of retail automotive franchises that sell new vehicles manufactured by General Motors, Ford and Chrysler. The Import segment consists of retail automotive franchises that sell new vehicles manufactured primarily by Toyota, Honda and Nissan. The Premium Luxury segment consists of retail automotive franchises that sell new vehicles manufactured primarily by Mercedes-Benz, BMW and Lexus.