Auto Trader Group (OTCMKTS:ATDRY) Receives Consensus Recommendation of “Hold” from Analysts

Auto Trader Group (OTCMKTS:ATDRY) has earned a consensus rating of “Hold” from the six brokerages that are presently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and one has given a buy recommendation to the company.

Several research firms have recently weighed in on ATDRY. Barclays cut shares of Auto Trader Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 22nd. The Goldman Sachs Group started coverage on Auto Trader Group in a research note on Thursday, June 4th. They set a “buy” rating on the stock. Citigroup downgraded shares of Auto Trader Group from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 8th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Auto Trader Group in a research report on Friday.

Auto Trader Group Price Performance

Auto Trader Group stock traded down $0.07 during midday trading on Friday, hitting $1.64. 45,337 shares of the stock were exchanged, compared to its average volume of 1,200,540. Auto Trader Group has a 52 week low of $1.37 and a 52 week high of $2.83. The company has a quick ratio of 1.66, a current ratio of 1.73 and a debt-to-equity ratio of 0.40. The company has a fifty day simple moving average of $1.57 and a two-hundred day simple moving average of $1.65.

Auto Trader Group Company Profile

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.