AutoNation (AN) : Traders are bullish on AutoNation (AN) as it has outperformed the S&P 500 by a wide margin of 7.92% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.51%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2.44% in the last 1 week, and is up 11.54% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 6.09% and the 50-Day Moving Average is 8.6%. AutoNation, Inc. is up 5.33% in the last 3-month period. Year-to-Date the stock performance stands at -10.58%.
AutoNation (NYSE:AN): stock turned positive on Friday. Though the stock opened at $52.28, the bulls momentum made the stock top out at $54.15 level for the day. The stock recorded a low of $51.8711 and closed the trading day at $53.35, in the green by 2.36%. The total traded volume for the day was 1,923,518. The stock had closed at $52.12 in the previous days trading.
AutoNation, Inc. is an automotive retailer in the United States. The Company offers a range of automotive products and services, including new vehicles, used vehicles, parts and service, which includes automotive repair and maintenance services, as well as wholesale parts and collision businesses, and automotive finance and insurance products, which includes vehicle service and other protection products, as well as the arranging of financing for vehicle purchases through third-party finance sources. It operates through three segments: The Domestic segment consists of retail automotive franchises that sell new vehicles manufactured by General Motors, Ford and Chrysler. The Import segment consists of retail automotive franchises that sell new vehicles manufactured primarily by Toyota, Honda and Nissan. The Premium Luxury segment consists of retail automotive franchises that sell new vehicles manufactured primarily by Mercedes-Benz, BMW and Lexus.