Auto Trader Group (OTCMKTS:ATDRY) Stock Price Down 5% – Should You Sell?

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

Analyst Upgrades and Downgrades

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 assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Reduce”.

Auto Trader Group Stock Down 3.8%

The firm has a 50-day moving average price of $1.69 and a 200-day moving average price of $2.09. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.77 and a quick ratio of 1.72.

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.