Auto Trader Group (OTCMKTS:ATDRY) Trading Up 7.6% – Should You Buy?

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

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on ATDRY shares. Royal Bank Of Canada reaffirmed 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 report on Thursday, June 4th. They issued a “buy” rating on the stock. Barclays cut shares of Auto Trader Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 22nd. Finally, Citigroup downgraded shares of Auto Trader Group from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 8th. One equities research analyst has rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Auto Trader Group has an average rating of “Hold”.

Get Our Latest Stock Report on ATDRY

Auto Trader Group Stock Performance

The company has a debt-to-equity ratio of 0.40, a current ratio of 1.73 and a quick ratio of 1.66. The firm has a 50 day moving average price of $1.56 and a 200 day moving average price of $1.63.

Auto Trader Group Company Profile

(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.

Further Reading

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