AUTO1 Group (OTC:ATOGF) Shares Down 3% – Here’s What Happened

Shares of AUTO1 Group SE (OTC:ATOGF) dropped 3% on Thursday . The company traded as low as $31.52 and last traded at $31.52. Approximately 150 shares were traded during mid-day trading, a decline of 88% from the average daily volume of 1,212 shares. The stock had previously closed at $32.50.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. Jefferies Financial Group initiated coverage on shares of AUTO1 Group in a research note on Monday, December 8th. They set a “buy” rating for the company. Citigroup reissued a “buy” rating on shares of AUTO1 Group in a research report on Tuesday, December 2nd. Four research analysts have rated the stock with a Buy rating, According to MarketBeat, the company currently has a consensus rating of “Buy”.

AUTO1 Group Price Performance

The company has a fifty day simple moving average of $31.62 and a two-hundred day simple moving average of $31.70.

About AUTO1 Group

AUTO1 Group SE operates a digital automotive platform for buying and selling used cars online in Europe. It operates AUTO1.com for the sale of used cars to professional car dealers; Autohero.com for sale of used cars to private customers; and wirkaufendeinauto.de, an online platform to sell their used cars to consumers. AUTO1 Group SE was founded in 2012 and is based in Berlin, Germany.