Auto Trader Group (OTCMKTS:ATDRY) Stock Rating Lowered by Barclays

Auto Trader Group (OTCMKTS:ATDRY) was downgraded by analysts at Barclays from a “strong-buy” rating to a “hold” rating in a research report issued on Wednesday,Zacks.com reports.

ATDRY has been the subject of a number of other reports. Citigroup downgraded Auto Trader Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 8th. Jefferies Financial Group downgraded Auto Trader Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 6th. Three research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Reduce”.

Auto Trader Group Price Performance

Shares of ATDRY stock opened at $1.68 on Wednesday. The stock has a 50 day simple moving average of $1.59 and a two-hundred day simple moving average of $1.93. 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 has a fifty-two week low of $1.45 and a fifty-two week high of $3.10.

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.