Auto Trader Group (OTCMKTS:ATDRY) Reaches New 12-Month Low – Here’s What Happened

Auto Trader Group (OTCMKTS:ATDRY)’s share price hit a new 52-week low on Wednesday . The stock traded as low as $1.69 and last traded at $1.71, with a volume of 2466652 shares traded. The stock had previously closed at $1.80.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group downgraded Auto Trader Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 6th. One research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Reduce”.

Auto Trader Group Stock Performance

The business has a 50 day simple moving average of $1.93 and a 200 day simple moving average of $2.35. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.72 and a current ratio of 1.77.

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.