Inchcape (OTCMKTS:IHCPF) Stock Price Down 2.4% – Time to Sell?

Inchcape plc (OTCMKTS:IHCPFGet Free Report) shares fell 2.4% during mid-day trading on Friday . The stock traded as low as C$8.94 and last traded at C$8.94. 25 shares traded hands during trading, a decline of 99% from the average session volume of 2,774 shares. The stock had previously closed at C$9.16.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. Deutsche Bank Aktiengesellschaft downgraded Inchcape to a “hold” rating in a report on Thursday, April 24th. BNP Paribas lowered shares of Inchcape to a “neutral” rating in a report on Monday, April 28th.

Check Out Our Latest Stock Report on Inchcape

Inchcape Stock Up 2.4%

The stock’s 50 day moving average is C$9.15 and its 200-day moving average is C$9.27.

About Inchcape

(Get Free Report)

Inchcape plc operates as an automotive distributor and retailer. It engages in the distribution, sales, and marketing of new and used cars, and parts. The company also provides aftersales service and body shop repairs; and finance and insurance products and services, as well as product planning, logistics, brand and marketing, channel management, and retail services.

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