Auto Trader Group (OTCMKTS:ATDRY) Receives Consensus Rating of “Hold” from Analysts

Shares of Auto Trader Group (OTCMKTS:ATDRY) have received a consensus recommendation of “Hold” from the six brokerages that are currently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating on the company.

Several equities analysts have commented on ATDRY shares. Royal Bank Of Canada reissued a “sector perform” rating on shares of Auto Trader Group in a research note on Friday, July 17th. Barclays lowered shares of Auto Trader Group from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 22nd. Finally, The Goldman Sachs Group initiated coverage on shares of Auto Trader Group in a report on Thursday, June 4th. They issued a “buy” rating for the company.

Auto Trader Group Trading Up 0.6%

Shares of Auto Trader Group stock opened at $1.71 on Tuesday. The business’s fifty day moving average price is $1.60 and its two-hundred day moving average price is $1.62. Auto Trader Group has a 1-year low of $1.37 and a 1-year high of $2.76. The company has a quick ratio of 1.66, a current ratio of 1.73 and a debt-to-equity ratio of 0.40.

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.