Inchcape (LON:INCH) Hits New 12-Month High – Should You Buy?

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

Inchcape Stock Down 0.2%

The company has a debt-to-equity ratio of 206.10, a quick ratio of 0.51 and a current ratio of 1.10. The stock’s 50 day simple moving average is GBX 812.76 and its 200 day simple moving average is GBX 750.99. The firm has a market cap of £3.19 billion, a P/E ratio of 8.46, a price-to-earnings-growth ratio of 2.06 and a beta of 1.19.

Insider Activity at Inchcape

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

About Inchcape

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.