Auto Trader Group (OTCMKTS:ATDRY) Sees Large Volume Increase – Still a Buy?

Auto Trader Group (OTCMKTS:ATDRYGet Free Report) saw unusually-high trading volume on Monday . Approximately 1,119,520 shares traded hands during mid-day trading, an increase of 170% from the previous session’s volume of 414,685 shares.The stock last traded at $2.00 and had previously closed at $1.96.

Analyst Ratings Changes

Separately, Morgan Stanley restated an “underweight” rating on shares of Auto Trader Group in a research report on Wednesday, September 10th. One investment analyst has rated the stock with a Buy rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Reduce”.

Read Our Latest Report on Auto Trader Group

Auto Trader Group Price Performance

The firm’s 50-day moving average is $2.33 and its 200 day moving average is $2.56.

Auto Trader Group Company Profile

(Get Free Report)

Auto Trader Group plc operates in the digital automotive marketplace in the United Kingdom and Ireland. The company provides vehicle advertisement on its websites for private sellers, as well as insurance and loan financing products to consumers; and display advertising on its websites for manufacturers and their advertising agencies.

Further Reading

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.