Auto Trader Group (OTCMKTS:ATDRY) Stock Price Up 4.6% – Here’s What Happened

Auto Trader Group (OTCMKTS:ATDRY)’s stock price rose 4.6% during mid-day trading on Thursday. The stock traded as high as $1.5850 and last traded at $1.58. 367,493 shares were traded during trading, a decline of 62% from the average daily volume of 956,165 shares. The stock had previously closed at $1.51.

Analyst Ratings Changes

A number of equities analysts have weighed in on the company. Royal Bank Of Canada restated a “sector perform” rating on shares of Auto Trader Group in a research note on Friday, July 17th. Jefferies Financial Group raised Auto Trader Group from a “hold” rating to a “buy” rating in a report on Tuesday, September 8th. Two research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, Auto Trader Group presently has a consensus rating of “Hold”.

Auto Trader Group Trading Up 2.8%

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 stock has a 50 day moving average of $1.65 and a 200 day moving average of $1.61.

Auto Trader Group Company Profile

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.