New Lifetime High For Lithia Motors (LAD)

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Trade-Ideas LLC identified Lithia Motors ( LAD) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Lithia Motors as such a stock due to the following factors:

  • LAD has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $35.3 million.
  • LAD has traded 21,371 shares today.
  • LAD is trading at a new lifetime high.

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More details on LAD:

Lithia Motors, Inc. operates as an automotive franchisee and retailer of new and used vehicles in the United States. The stock currently has a dividend yield of 0.7%. LAD has a PE ratio of 19. Currently there are 6 analysts that rate Lithia Motors a buy, no analysts rate it a sell, and none rate it a hold.

The average volume for Lithia Motors has been 275,100 shares per day over the past 30 days. Lithia has a market cap of $2.6 billion and is part of the services sector and specialty retail industry. The stock has a beta of 1.60 and a short float of 7.3% with 6.14 days to cover. Shares are up 27.2% year-to-date as of the close of trading on Wednesday.

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