BCA Marketplace (BCA) Stock Price Up 7.1%
BCA Marketplace PLC (LON:BCA)’s share price rose 7.1% on Wednesday . The stock traded as high as GBX 222 ($2.90) and last traded at GBX 214 ($2.80). Approximately 1,099,775 shares traded hands during mid-day trading, a decline of 55% from the average daily volume of 2,430,000 shares. The stock had previously closed at GBX 199.80 ($2.61).
Separately, Numis Securities reiterated a “buy” rating and issued a GBX 275 ($3.59) target price on shares of BCA Marketplace in a report on Monday, October 15th.
In other news, insider Avril Palmer-Baunack sold 10,000 shares of the stock in a transaction that occurred on Friday, September 21st. The stock was sold at an average price of GBX 215 ($2.81), for a total value of £21,500 ($28,093.56).
BCA Marketplace plc, together with its subsidiaries, owns and operates a used vehicle exchange in Europe. It operates through Vehicle Remarketing, Vehicle Buying, and Automotive Services segments. It offers physical and digital auction services; services for vehicle preparation and marketing in advance of sales; financial services to support the car dealer purchasing vehicles at BCA auctions; automotive logistics services; digital services to assist the retailer with the marketing and disposal of used cars; and outsourced remarketing services for manufacturers and fleets to assist with disposal to their networks.
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