Inchcape (LON:INCH) Stock Price Passes Above 200 Day Moving Average of $639.33

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Inchcape plc (LON:INCH)’s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 639.33 ($8.35) and traded as high as GBX 788 ($10.30). Inchcape shares last traded at GBX 783.50 ($10.24), with a volume of 488,472 shares.

The company has a market cap of £3.08 billion and a P/E ratio of -22.01. The firm has a 50 day moving average of GBX 748.83 and a 200-day moving average of GBX 639.33. The company has a quick ratio of 0.45, a current ratio of 1.17 and a debt-to-equity ratio of 144.38.

The company also recently disclosed a dividend, which will be paid on Monday, June 21st. Investors of record on Thursday, May 13th will be paid a GBX 6.90 ($0.09) dividend. The ex-dividend date is Thursday, May 13th. This represents a yield of 0.98%.

In related news, insider Till Vestring bought 340 shares of the company’s stock in a transaction on Monday, March 1st. The shares were acquired at an average price of GBX 718 ($9.38) per share, with a total value of £2,441.20 ($3,189.44).

Inchcape Company Profile (LON:INCH)

Inchcape plc operates as an automotive distributor and retailer. The company engages in the sale and distribution of new and used cars, and parts. It also provides aftersales service, body shop repairs, and parts sales; and finance and insurance products and services. The company operates in the Asia Pacific, the United Kingdom, rest of Europe, the Americas, and Africa.

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