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

Auto Trader Group (OTCMKTS:ATDRY – Get Free Report) shares gapped up prior to trading 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 trading hands.

Analysts Set New Price Targets

ATDRY has been the subject of several analyst reports. Jefferies Financial Group upgraded shares of Auto Trader Group from a “hold” rating to a “buy” rating in a report on Tuesday, September 8th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Auto Trader Group in a report on Friday, July 17th. Two investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold”.

Get Our Latest Stock Analysis on ATDRY

Auto Trader Group Trading Up 4.2%

The business has a 50 day moving average price of $1.64 and a 200 day moving average price of $1.61. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.66 and a current ratio of 1.73.

About Auto Trader Group

(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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