Turners Automotive Group Limited (TRA.AX)
Turners Automotive Group Limited operates in the Auto - Dealerships industry of the Consumer Cyclical sector, headquartered in Auckland, NZ. The stock last traded at $6.80, up 0.00% on the session, giving a market capitalisation of $619.0M. Its beta of 0.04 implies it has historically moved less than the broad market.
Turners Automotive Group Limited is an Auckland, New Zealand-headquartered company actively involved in the automotive retail sector across New Zealand and Australia. Its diverse operations are managed through four key segments: Automotive Retail, Finance, Credit Management, and Insurance. The Automotive Retail division specializes in the acquisition and resale of various vehicles, including passenger cars, trucks, heavy machinery, and other commercial assets. Through its Finance arm, Turners offers asset-backed lending solutions to both individual consumers and small-to-medium enterprises (SMEs). The Credit Management segment delivers comprehensive debt collection, credit oversight, and recovery services to corporate clients and SMEs alike. Finally, its Insurance segment focuses on the marketing and administration of a broad array of life and general insurance products, alongside various savings schemes. Initially incorporated in 1984 as Turners Limited, the company rebranded to Turners Automotive Group Limited in May 2017.
Turners Automotive Group Limited is most often compared with the following Consumer Cyclical names: