Symbol
KAR
Company Name
KAR Auction Services, Inc.
Price
$20.140
Avg. Volume
331.753 T
Market Capital
2.152 B
Range
12.68-20.85
Changes
0.180
Change Percentage
0.90
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
$ 19.860
Day High
$ 20.280
Year High
$ 20.280
Year Low
$ 12.860
Volume
331.753 T
Open
125.08
Previous Close
$ 19.960
Share Outstanding
106844000.000
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.