Symbol
KAR
Company Name
KAR Auction Services, Inc.
Price
$15.050
Avg. Volume
420.368 T
Market Capital
1.644 B
Range
12.68-20.85
Changes
-0.500
Change Percentage
-3.22
Currency
USD
CIK
0001395942
ISIN
US48238T1097
CUSIP
48238T109
Exchange
New York Stock Exchange
Exchange Short Name
NYSE
Industry
Specialty Retailers
Website
http://www.karglobal.com
Day Low
$ 15.040
Day High
$ 15.560
Year High
$ 15.560
Year Low
$ 11.150
Volume
420.368 T
Open
125.08
Previous Close
$ 15.550
Share Outstanding
109209000.000
KAR Auction Services, Inc., together with its subsidiaries, used vehicle auctions and related vehicle remarketing services for the automotive industry in the United States, Europe, Canada, Mexico, and the United Kingdom. The company operates through two segments, ADESA Auctions and AFC. The ADESA Auctions segment offers whole car auctions and related services to the vehicle remarketing industry through online auctions and auction facilities. It also provides value-added services, such as auction related, transportation, reconditioning, inspection, title and repossession administration and remarketing, vehicle research, and analytical services, as well as data as a service. This segment sells its products and services through vehicle manufacturers, fleet companies, rental car companies, finance companies, and others. As of December 31, 2019, this segment had a network of 74 whole car auction facilities in North America. The AFC segment offers floorplan financing, a short-term inventory-secured financing to independent used vehicle dealers; and sells vehicle service contracts. It also provides wheel repair and hail catastrophe response services. The company serves vehicle manufacturers, vehicle rental companies, financial institutions, commercial fleets and fleet management companies, and dealer customers. The company was formerly known as KAR Holdings, Inc. and changed its name to KAR Auction Services, Inc. in November 2009. KAR Auction Services, Inc. was founded in 2006 and is headquartered in Carmel, Indiana.