AutoCanada traded at 29.20 this Wednesday November 4th, increasing 0.44 or 1.53 percent since the previous trading session. Looking back, over the last four weeks, AutoCanada gained 22.84 percent. Over the last 12 months, its price rose by 13.88 percent. Looking ahead, we forecast AutoCanada to be priced at 27.73 by the end of this quarter and at 25.88 in one year, according to Trading Economics global macro models projections and analysts expectations.
AutoCanada Inc. (AutoCanada) is a Canada-based multi-location automobile dealership company. The Company offers a diversified range of automotive products and services, including new vehicles, used vehicles, vehicle leasing, vehicle parts, vehicle maintenance and collision repair services, extended service contracts, vehicle protection products and other after-market products. It arranges financing and insurance for vehicle purchases by its customers through third-party finance and insurance sources. Its business, held through its subsidiaries, is the operation of franchised automobile dealerships in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, Nova Scotia and New Brunswick. The Company operates approximately 66 franchised dealerships, consists of 27 brands, in eight provinces in Canada, a group in Illinois, United States. It also offers a range of parts, service and collision repair services, warranties, and replacement and aftermarket automotive products.