Lithia Motors Inc. (NYSE:LAD) traded at a new 52-week high today of $398.06. Approximately 137,000 shares have changed hands today, as compared to an average 30-day volume of 314,000 shares.
Lithia Motors Inc. share prices have moved between a 52-week high of $398.06 and a 52-week low of $55.74 and are now trading 596% above that low price at $388.00 per share.
Lithia Motors is a retailer of new and used vehicles and related services. The company offers 30 brands of vehicles at about 200 stores throughout the western United States and East Coast. The company has expanded largely through the acquisition of dealerships in smaller regional markets and via deals in New York and Southern California. Annual revenue in 2019 was $12.7 billion. In 2019, new-car sales were about 54% of total revenue. Lithia was founded in 1946, went public in 1996, and is now one of the largest U.S. auto dealerships. It is based in Medford, Oregon.
Lithia Motors Inc. (NYSE:LAD) is currently priced 2.7% above its average consensus analyst price target of $377.51.
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