Auto Trader Group (OTCMKTS:ATDRY) Stock Price Down 5% – What’s Next?

Auto Trader Group (OTCMKTS:ATDRY)’s stock price fell 5% during trading on Monday . The company traded as low as $1.52 and last traded at $1.52. 699,644 shares traded hands during trading, a decline of 49% from the average session volume of 1,374,502 shares. The stock had previously closed at $1.60.

Analysts Set New Price Targets

Separately, Jefferies Financial Group cut shares of Auto Trader Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 6th. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Auto Trader Group currently has an average rating of “Hold”.

Auto Trader Group Stock Performance

The company has a 50 day moving average of $1.68 and a two-hundred day moving average of $2.08. The company has a quick ratio of 1.72, a current ratio of 1.77 and a debt-to-equity ratio of 0.02.

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.