Auto Trader Group (OTCMKTS:ATDRY) Receives Average Rating of “Hold” from Brokerages

Shares of Auto Trader Group (OTCMKTS:ATDRYGet Free Report) have been assigned a consensus recommendation of “Hold” from the six ratings firms that are presently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and one has assigned a buy recommendation to the company.

A number of equities research analysts have recently weighed in on the stock. Barclays lowered shares of Auto Trader Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 22nd. The Goldman Sachs Group initiated coverage on Auto Trader Group in a research report on Thursday, June 4th. They set a “buy” rating for the company. Finally, Royal Bank Of Canada reissued a “sector perform” rating on shares of Auto Trader Group in a report on Friday, July 17th.

Get Our Latest Stock Report on ATDRY

Auto Trader Group Trading Down 1.7%

Shares of Auto Trader Group stock opened at $1.73 on Tuesday. The firm’s 50 day simple moving average is $1.63 and its two-hundred day simple moving average is $1.61. Auto Trader Group has a 12-month low of $1.37 and a 12-month high of $2.76. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.66 and a current ratio of 1.73.

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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Analyst Recommendations for Auto Trader Group (OTCMKTS:ATDRY)

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