Auto Trader Group (OTCMKTS:ATDRY) Trading 7.6% Higher – What’s Next?

Auto Trader Group (OTCMKTS:ATDRYGet Free Report) shares were up 7.6% during trading on Tuesday . The stock traded as high as $1.69 and last traded at $1.69. Approximately 83,596 shares changed hands during mid-day trading, a decline of 93% from the average session volume of 1,161,078 shares. The stock had previously closed at $1.57.

Analyst Ratings Changes

A number of brokerages have issued reports on ATDRY. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Auto Trader Group in a research report on Friday, July 17th. The Goldman Sachs Group assumed coverage on shares of Auto Trader Group in a research note on Thursday, June 4th. They set a “buy” rating on the stock. Citigroup downgraded shares of Auto Trader Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 8th. Finally, Barclays cut shares of Auto Trader Group from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 22nd. One equities research analyst has rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Auto Trader Group currently has an average rating of “Hold”.

Get Our Latest Stock Report on ATDRY

Auto Trader Group Trading Up 3.6%

The company has a fifty day simple moving average of $1.56 and a 200-day simple moving average of $1.63. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.73 and a quick ratio of 1.66.

About Auto Trader Group

(Get Free Report)

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.

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