Penske Automotive Group Inc (NYSE:PAG) currently has a daily average trading volume of 157.94K but it saw 117504 shares traded in last market. With a market cap of 10.18B USD, the company’s current market price of $152.53 came rising about 0.44 while comparing to the previous closing price of $151.86. In past 52 weeks, the stock remained buoying in the range of price level as high as $179.72 and as low as $142.32. In the recent trading on the day, stock has struck highest price mark of $150.23 while lowest mark touched by it was $152.74.
Taking a look at 20-day trading activity of Penske Automotive Group Inc (PAG) gives us an average price of $156.91, while its current price level is -15.13% below from 52-week high level whereas it is 7.17% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $159.15 while that of 200 days or SMA-200 reads an average of $156.66. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.15% during that period while stretching the period over a month that decreases to 1.95%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 39.38 which implies that the stock is in neutral territory.
Morgan Stanley upgraded its recommendation for the stock as a “Overweight” from “Underweight” on September 25, 2024 while assigning a price target range of $115-$180. Stephens also issued its recommendations for the stock as it initiated the price target for the stock is $161.
Over the week, PAG’s stock price is moving 0.06% up while it is -6.93% when we observe its performance for the past one month. Year-to-date it is 0.06% up and over the past year, the stock is showing an upside performance of 0.16%.
Currently, Penske Automotive Group Inc’s total number of outstanding shares is 66.77M. Company’s return on investment (ROI) stands at 9.95% and return on equity (ROE) at 17.95%. It has a price to earnings ratio (P/E ratio) of 11.70 while having a 10.87 of forward P/E ratio. Stock’s beta reads 1.19. Stock has a price to book (P/B) ratio of 1.96 while price to sale or P/S ratio amounts to 0.34. Its return on asset (ROA) is 5.48% on average.
