Inchcape Shares Fall 5.8% to Lowest Since September Last Year
Inchcape shares fell 5.76% in morning trade in London today, taking the car dealership group to its lowest price since the 17th of September last year.
Inchcape (INCH.L), the auto and truck dealership group, was down 5.76% at 646.5p at 09:45 London time today. The shares have fallen below 684p, which had been their 52-week low before this session.
The fall leaves them 24.4% below their 52-week high and down 12.5% so far this year.
Inchcape’s share price over the month to today’s session.
How unusual the move is
Today’s drop is the second-largest daily fall in the past 126 sessions, roughly six months of trading.
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Today’s move against six months of Inchcape’s daily changes.
The shares have traded between 646.18p and 688p so far today.
The AskTraders Analyst Team features experts in technical and fundamental analysis, as well as traders specializing in stocks, forex, and cryptocurrency.
