Auto Trader Group (OTCMKTS:ATDRY) Given Average Recommendation of “Hold” by Brokerages

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

A number of analysts have commented on ATDRY shares. Barclays lowered shares of Auto Trader Group from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 22nd. Royal Bank Of Canada restated a “sector perform” rating on shares of Auto Trader Group in a research note on Friday. The Goldman Sachs Group started coverage on shares of Auto Trader Group in a report on Thursday, June 4th. They issued a “buy” rating on the stock. Finally, Citigroup downgraded Auto Trader Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 8th.

Auto Trader Group Stock Performance

Shares of OTCMKTS ATDRY traded down $0.07 during trading on Friday, hitting $1.64. 45,337 shares of the company traded hands, compared to its average volume of 1,200,540. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.73 and a quick ratio of 1.66. Auto Trader Group has a fifty-two week low of $1.37 and a fifty-two week high of $2.83. The business’s fifty day moving average is $1.57 and its 200 day moving average is $1.65.

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.