Auto Trader Group (OTCMKTS:ATDRY) Sets New 1-Year Low – Here’s Why

Auto Trader Group (OTCMKTS:ATDRY) reached a new 52-week low on Thursday . The company traded as low as $1.82 and last traded at $1.8250, with a volume of 71704 shares trading hands. The stock had previously closed at $1.89.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group cut shares of Auto Trader Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 6th. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Reduce”.

Auto Trader Group Stock Performance

The firm’s fifty day moving average is $1.96 and its 200-day moving average is $2.38. The company has a current ratio of 1.77, a quick ratio of 1.72 and a debt-to-equity ratio of 0.02.

Auto Trader Group Company Profile

Auto Trader Group plc is a digital automotive marketplace operating primarily in the United Kingdom and Ireland. Through its flagship consumer-facing website and mobile applications, the company connects private buyers and sellers with franchised and independent motor dealers. It facilitates the listing of new and used vehicles, offering rich multimedia adverts that include photos, video walk-arounds, and detailed specifications.

In addition to its core marketplace, Auto Trader provides a suite of value-added services for both consumers and dealer partners.