"Seeking Alpha" said : Auto retailers tripped up by pricing concerns - Group 1 Automotive Inc. (NYSE:GPI)

Notably lower are Group 1 Automotive (GPI -5% ), CarMax (KMX -5.1% ), Asbury Automotive Group (ABG -3.8% ), AutoNation (AN -3.9% ), Lithia Motors (LAD -3.9% ), Sonic Automotive (SAH -3% ) and Penske Automotive Group (PAG -2.3% ). Auto retailers are sharply lower after a downbeat outlook from Morgan Stanley on used auto car prices catches some attention. SA users are already discussing the implications of a sharp drop in used auto prices here (Sinking Feeling in the Used Car Market) and here (Used Car Prices - Look Out Below).


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A Look Ahead For 2 Stocks: Penske Automotive Group, Inc. (PAG), EchoStar Corporation (SATS)


A Look Ahead For 2 Stocks: Penske Automotive Group, Inc. (PAG), EchoStar Corporation (SATS)
Penske Automotive Group, Inc. (NYSE:PAG) last session's volume of 0.41 million facebook/" target="_blank">shares was higher than its average volume of 0.4 million shares. The counter witnessed a trading volume of 0.28 million shares versus an average volume of 0.21 million shares during last trading session. Its last month's stock price volatility remained 2.52% which for the week approaches 2.31. Analysts have placed a $58.67 price target on Penske Automotive Group, Inc., suggesting a 25.34% gain from recent close. Its last month's stock price volatility remained 2.53% which for the week stands at 2.39%.

O Reilly Automotive Inc. (ORLY) Dips 4.13% for April 03
O Reilly Automotive Inc. trades an average of 838,398 facebook/" target="_blank">shares a day out of a total 91.65 million shares outstanding. With its headquarters located in Springfield, MO, O Reilly Automotive Inc. employs 74,715 people. O Reilly Automotive Inc. started at an opening price of 266.00 and hit a high of $266.00 and a low of $253.86. O Reilly Automotive Inc. hit a high of $292.84 and a low of $248.02 over the last year. To get more information on O Reilly Automotive Inc. and to follow the company's latest updates, you can visit the company's profile page here: ORLY's Profile.


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collected by :John Max
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