Auto Trader Group (OTCMKTS:ATDRY) Shares Gap Up – Here’s What Happened

Auto Trader Group (OTCMKTS:ATDRY – Get Free Report) gapped up before the market opened on Tuesday. The stock had previously closed at $1.57, but opened at $1.6250. Auto Trader Group shares last traded at $1.63, with a volume of 86,603 shares changing hands.

Analyst Ratings Changes

Several research firms recently commented on ATDRY. Jefferies Financial Group upgraded Auto Trader Group from a “hold” rating to a “buy” rating in a research report on Tuesday, September 8th. Royal Bank Of Canada reissued a “sector perform” rating on shares of Auto Trader Group in a research note on Friday, July 17th. Two analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Check Out Our Latest Analysis on ATDRY

Auto Trader Group Stock Performance

The company has a 50-day moving average price of $1.64 and a two-hundred day moving average price of $1.61. The company has a current ratio of 1.73, a quick ratio of 1.66 and a debt-to-equity ratio of 0.40.

Auto Trader Group Company Profile

(Get Free Report)

Auto Trader Group plc is a United Kingdom-based digital automotive marketplace that operates the Auto Trader platform. The company connects consumers with automotive retailers and private sellers, offering listings for new and used cars, vans and other vehicles. Consumers can use the platform to search vehicle inventories, compare models, research valuations and contact sellers.

Auto Trader also provides automotive retailers and manufacturers with advertising, marketplace, data and software services.

Further Reading

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