Auto Trader Group (OTCMKTS:ATDRY – Get Free Report) dropped 1.1% on Tuesday. The stock traded as low as $1.76 and last traded at $1.76. Approximately 139,334 shares changed hands during mid-day trading, a decline of 72% from the average daily volume of 489,904 shares. The stock had previously closed at $1.78.
Analyst Ratings Changes
A number of brokerages recently issued reports on ATDRY. Jefferies Financial Group raised Auto Trader Group from a “hold” rating to a “buy” rating in a research note on Tuesday, September 8th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Auto Trader Group in a research report on Friday, July 17th. Two investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Hold”.
Check Out Our Latest Stock Report on ATDRY
Auto Trader Group Stock Performance
The stock’s 50-day moving average price is $1.64 and its 200 day moving average price is $1.63. 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
Auto Trader Group plc is a United Kingdom-based digital automotive marketplace operator. Its primary platform, Auto Trader, connects consumers with retailers, manufacturers and other automotive businesses seeking to buy, sell or research vehicles.
The company’s services include online listings for new and used cars, vans and other vehicles, along with vehicle search, valuation and comparison tools. Auto Trader also provides retailers and manufacturers with digital advertising, stock-management, pricing, data and marketing solutions designed to support vehicle sales and inventory management.
Auto Trader traces its origins to a classified-vehicle magazine launched in the United Kingdom in 1977 and subsequently transitioned into a predominantly digital business.
See Also
- Five stocks we like better than Auto Trader Group
- Google’s Credit Backstop May Be TeraWulf’s Biggest Advantage
- Could the Midterms Revive Medicare for All? 3 Healthcare Stocks to Watch
- Qualcomm Beat Earnings, But Its Fastest-Growing Businesses Have a Catch
- Oil, Uranium, or Renewables? 3 Energy Plays for a Changing Market
Receive News & Ratings for Auto Trader Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Auto Trader Group and related companies with MarketBeat.com's FREE daily email newsletter.
