Inchcape (LON:INCH) Reaches New 12-Month High – What’s Next?

Inchcape plc (LON:INCH)’s share price hit a new 52-week high during trading on Friday . The company traded as high as GBX 895 and last traded at GBX 887.18, with a volume of 125052 shares. The stock had previously closed at GBX 890.

Inchcape Stock Down 0.7%

The company has a market cap of £3.17 billion, a PE ratio of 8.41, a price-to-earnings-growth ratio of 2.06 and a beta of 1.19. The company has a fifty day moving average of GBX 810.56 and a two-hundred day moving average of GBX 748.77. The company has a debt-to-equity ratio of 206.10, a quick ratio of 0.51 and a current ratio of 1.10.

Insiders Place Their Bets

In other news, insider Byron Elmer Grote bought 5,000 shares of Inchcape stock in a transaction dated Monday, December 8th. The shares were acquired at an average price of GBX 758 per share, with a total value of £37,900. 9.43% of the stock is owned by company insiders.

Inchcape Company Profile

Inchcape is the leading global automotive distributor, with operations across six continents. By combining our in-market expertise with our unique technology and advanced data analytics, we create innovative customer experiences that deliver outstanding performance for our partners – building stronger automotive brands and creating sustainable growth. Our distribution platform connects the products of mobility company partners with customers, and our responsibilities span product planning and pricing, import and logistics, brand and marketing to operating digital sales, managing physical sales and aftermarket service channels.