Auto Trader Group (OTCMKTS:ATDRY) Shares Gap Down – Time to Sell?

Auto Trader Group (OTCMKTS:ATDRY – Get Free Report)’s share price gapped down before the market opened on Thursday . The stock had previously closed at $1.63, but opened at $1.52. Auto Trader Group shares last traded at $1.51, with a volume of 83,824 shares changing hands.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports 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. Citigroup lowered shares of Auto Trader Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 8th. Three equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Reduce”.

Get Auto Trader Group alerts:

View Our Latest Research Report on ATDRY

Auto Trader Group Stock Performance

The firm’s fifty day moving average is $1.62 and its 200-day moving average is $1.80. The company has a current ratio of 1.77, a quick ratio of 1.72 and a debt-to-equity ratio of 0.02.

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.

Read More

• Five stocks we like better than Auto Trader Group
• SpaceX IPO: Opportunity? Or the Ultimate Hype Trade?
• CAVA Group’s Stock Looks Delicious After Strong Earnings
• Lowe’s Finds Support at $215 After Q1 Earnings Sell-Off
• Deere Beats Q2 Estimates, But Ag Weakness Weighs on Outlook

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.