Auto Trader Group (OTCMKTS:ATDRY – Get Free Report) saw a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 77,483 shares, an increase of ∞ from the June 15th total of 0 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 2,906,710 shares, the days-to-cover ratio is currently 0.0 days.
Auto Trader Group Stock Down 4.7%
Shares of OTCMKTS:ATDRY opened at $1.62 on Friday. The company has a quick ratio of 1.66, a current ratio of 1.73 and a debt-to-equity ratio of 0.40. Auto Trader Group has a twelve month low of $1.37 and a twelve month high of $2.83. The stock’s 50 day moving average is $1.57 and its 200-day moving average is $1.65.
Analysts Set New Price Targets
ATDRY has been the topic of a number of research reports. Barclays downgraded shares of Auto Trader Group from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 22nd. Citigroup cut shares of Auto Trader Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 8th. The Goldman Sachs Group began coverage on shares of Auto Trader Group in a research note on Thursday, June 4th. They issued a “buy” rating for the company. Finally, Royal Bank Of Canada reiterated a “sector perform” rating on shares of Auto Trader Group in a report on Friday. One analyst has rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Auto Trader Group presently has a consensus rating of “Hold”.
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.
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