Inchcape (OTCMKTS:IHCPF) Shares Down 15.8% – Time to Sell?

Inchcape plc (OTCMKTS:IHCPFGet Free Report)’s stock price was down 15.8% during trading on Friday . The company traded as low as C$9.26 and last traded at C$9.26. Approximately 540 shares traded hands during mid-day trading, a decline of 82% from the average daily volume of 2,945 shares. The stock had previously closed at C$11.00.

Inchcape Price Performance

The stock’s fifty day moving average price is C$10.97 and its two-hundred day moving average price is C$10.31.

Inchcape Company Profile

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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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