Auto Trader Group (OTCMKTS:ATDRY) Stock Price Down 9.2% – Here’s Why

Auto Trader Group (OTCMKTS:ATDRYGet Free Report)’s stock price was down 9.2% during trading on Friday . The company traded as low as $1.47 and last traded at $1.48. Approximately 91,240 shares were traded during trading, a decline of 92% from the average daily volume of 1,193,655 shares. The stock had previously closed at $1.63.

Wall Street Analysts Forecast Growth

ATDRY has been the topic of a number of research analyst reports. Barclays cut Auto Trader Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 22nd. Citigroup cut Auto Trader Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 8th. Three research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Reduce”.

Check Out Our Latest Research Report on Auto Trader Group

Auto Trader Group Trading Down 0.8%

The company has a quick ratio of 1.72, a current ratio of 1.77 and a debt-to-equity ratio of 0.02. The business’s 50 day simple moving average is $1.62 and its 200-day simple moving average is $1.81.

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.

See Also

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.