Auto Trader Group (OTCMKTS:ATDRY) Sets New 1-Year Low – Should You Sell?

Auto Trader Group (OTCMKTS:ATDRY) hit a new 52-week low during trading on Wednesday . The company traded as low as $1.89 and last traded at $1.91, with a volume of 7629 shares trading hands. The stock had previously closed at $1.93.

Analysts Set New Price Targets

Separately, Morgan Stanley reiterated an “underweight” rating on shares of Auto Trader Group in a report on Wednesday, September 10th. One research analyst has rated the stock with a Buy rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Reduce”.

Auto Trader Group Stock Performance

The company has a fifty day simple moving average of $2.16 and a two-hundred day simple moving average of $2.49. The company has a current ratio of 1.77, a quick ratio of 1.72 and a debt-to-equity ratio of 0.02.

Auto Trader Group Company Profile

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.