A Ticker A Day #17: Asbury Automotive Group Inc ($ABG)

Asbury Automotive Group Inc. (www.asburyauto.com) is a company that operates car dealerships in the United States, headquartered in Duluth, Georgia.As of writing, $ABG stock is up 30.83% for the past year, but down 13.83% year-to-date with 8.78% of the stock’s total float is shorted, at a P/E ratio of 10.09. The P/E ratio seems refreshingly sane compared to the market average, not to mention what …