AUTO1 Group (OTCMKTS:ATOGF) Stock Falls 1% – Should You Sell?

AUTO1 Group SE (OTCMKTS:ATOGF) fell 1% during trading on Monday. The company traded as low as $20.79 and last traded at $20.79. Approximately 925 shares traded hands during trading, a decline of 56% from the average session volume of 2,112 shares. The stock had previously closed at $21.00.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Barclays reaffirmed an “overweight” rating on shares of AUTO1 Group in a report on Monday, October 5th. Citigroup reissued a “buy” rating on shares of AUTO1 Group in a report on Tuesday, August 18th. Three analysts have rated the stock with a Buy rating. Based on data from MarketBeat, the company currently has an average rating of “Buy”.

AUTO1 Group Price Performance

The firm has a fifty day simple moving average of $21.20 and a 200 day simple moving average of $23.84.

About AUTO1 Group

AUTO1 Group SE is a European online used-car company headquartered in Berlin, Germany. Founded in 2012 by Christian Bertermann and Hakan Koç, it uses digital platforms to connect vehicle sellers, buyers and professional car dealers.

Its AUTO1.com platform supports wholesale transactions between dealers, while wirkaufendeinauto.de enables consumers to sell their cars. Through Autohero, the group also sells inspected used cars directly to consumers, with services that include vehicle delivery and related customer support.

AUTO1 Group operates across multiple European countries.