What’s Propelling Automotive Holdings Group Ltd to Increase So Much?

 What's Propelling Automotive Holdings Group Ltd to Increase So Much?

The stock of Automotive Holdings Group Ltd (ASX:AHG) is a huge mover today! The stock increased 5.72% or $0.21 on November 18, hitting $3.88. About 3.54 million shares traded hands or 216.07% up from the average. Automotive Holdings Group Ltd (ASX:AHG) has declined 0.51% since April 22, 2016 and is downtrending. It has underperformed by 4.94% the S&P500.
The move comes after 8 months positive chart setup for the $1.28 billion company. It was reported on Nov, 18 by Barchart.com. We have $5.90 PT which if reached, will make ASX:AHG worth $665.60 million more.

More notable recent Automotive Holdings Group Ltd (ASX:AHG) news were published by: Fool.com.Au which released: “This is why Automotive Holdings Group Ltd is at the top of my buy list” on June 15, 2016, also Fool.com.Au with their article: “Why has the Automotive Holdings Group Ltd share price suddenly soared?” published on August 11, 2016, Fool.com.Au published: “Should you buy Automotive Holdings Group Ltd for its fully franked dividend?” on October 13, 2016. More interesting news about Automotive Holdings Group Ltd (ASX:AHG) were released by: Fool.com.Au and their article: “Here’s why the Automotive Group Holdings Ltd share price sunk 5% today” published on February 19, 2016 as well as Fool.com.Au‘s news article titled: “ASX 200 to jump again: 14 shares you need to watch today” with publication date: November 17, 2016.

Automotive Holdings Group Limited is an automotive retailing firm in Australasia. The company has a market cap of $1.28 billion. The Company’s principal activities include automotive retail, refrigerated logistics and other logistics. It has a 13.2 P/E ratio. The Company’s divisions include Automotive Retail, Refrigerated Logistics, Other Logistics and Property.

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