Group 1 Automotive, Inc. (NYSE: GPI) had a negative trading session as its shares experienced value erosion in thin trade. The shares ended the day with a depreciation of 1.11 points or 1.33 % at $82.6, in a dull session. The share cost had actually touched an intraday high of $84.19 and an intraday low of $82.1555 with the number of traded shares striking 213,408. The shares had closed the previous day trading session at $83.71. The share price has a 52-week high of $93.23 and a 52-week low of $60.305. The marketplace cap of the business, which has 23,767,000 impressive shares, is $1,963 million.
Major Brokerage house, Sidoti Co. downgrades its scores on Group 1 Automotive, Inc. (NYSE: GPI). According to the most currentthe most recent info readily available, the shares are now rated Neutral by the experts at the firm. Formerly, the analysts had a Buy rating on the counter.
Group 1 Automotive, Inc. (NYSE: GPI) has dropped 0.77 % during the previous week, however, the larger image is still very bullish; the shares have actually published favorable gains of 6.27 % in the last 4 weeks. The counter has underperformed the SP 500 by 1.4 % throughout the past week but Group 1 Automotive, Inc. (NYSE: GPI) has actually surpassed the index in 4 weeks by 3.33 %.
Group 1 Automotive, Inc. is an operator in the automobile retailing market. Through its operating subsidiaries, it markets and offers a variety of automobile items and services, including new and used automobiles and light trucks; arrange associated automobile funding; service and insurance agreements; supply automotive maintenance and repair service services, and sell automobile part. Its operations are locatedlie in metropolitan areas in the states of Alabama, California, Florida, Georgia, Kansas, Louisiana, Maryland, Massachusetts, Mississippi, New Hampshire, New Jersey, New york city, Oklahoma, South Carolina and Texas in the United States and in the towns of Brighton, Farnborough, Hailsham, Hindhead and Worthing in the Uk. In May 2014, it got South Point Kia in Austin, Texas. In July 2014, it acquired Munday Chevrolet and Munday Mazda. In July 2014, it disposed of its Honda car dealership in Estate, New Jersey. Effective August 19, 2014, Group 1 Automotive Inc got Mercedes Benz of Boerne.