Auto Trader Group (OTCMKTS:ATDRY) Shares Gap Up – Here’s Why

Auto Trader Group (OTCMKTS:ATDRY)’s share price gapped up prior to trading on Tuesday. The stock had previously closed at $1.57, but opened at $1.6250. Auto Trader Group shares last traded at $1.63, with a volume of 86,603 shares trading hands.

Analyst Ratings Changes

Several equities research analysts have issued reports on ATDRY shares. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Auto Trader Group in a research note on Friday, July 17th. Jefferies Financial Group raised shares of Auto Trader Group from a “hold” rating to a “buy” rating in a research report on Tuesday, September 8th. Two analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, Auto Trader Group has an average rating of “Hold”.

Auto Trader Group Stock Down 1.0%

The company has a current ratio of 1.73, a quick ratio of 1.66 and a debt-to-equity ratio of 0.40. The firm has a 50-day moving average of $1.63 and a 200 day moving average of $1.61.

Auto Trader Group Company Profile

Auto Trader Group plc is a United Kingdom-based digital automotive marketplace that operates the Auto Trader platform. The company connects consumers with automotive retailers and private sellers, offering listings for new and used cars, vans and other vehicles. Consumers can use the platform to search vehicle inventories, compare models, research valuations and contact sellers.

Auto Trader also provides automotive retailers and manufacturers with advertising, marketplace, data and software services.