Auto Trader Group (OTCMKTS:ATDRY) Sets New 52-Week Low – Here’s What Happened

Shares of Auto Trader Group (OTCMKTS:ATDRY) reached a new 52-week low during trading on Tuesday . The stock traded as low as $1.58 and last traded at $1.61, with a volume of 1350240 shares traded. The stock had previously closed at $1.65.

Wall Street Analyst Weigh In

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

Auto Trader Group Price Performance

The company has a fifty day simple moving average of $1.90 and a two-hundred day simple moving average of $2.32. The company has a quick ratio of 1.72, a current ratio of 1.77 and a debt-to-equity ratio of 0.02.

About Auto Trader Group

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.