Auto Trader Group (OTCMKTS:ATDRY) Given Average Recommendation of “Hold” by Analysts

Shares of Auto Trader Group (OTCMKTS:ATDRY) have earned a consensus rating of “Hold” from the six analysts that are presently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and one has given a buy recommendation to the company.

A number of research firms recently commented on ATDRY. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Auto Trader Group in a report on Friday. The Goldman Sachs Group started coverage on shares of Auto Trader Group in a report on Thursday, June 4th. They issued a “buy” rating on the stock. Barclays cut shares of Auto Trader Group from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 22nd. Finally, Citigroup downgraded shares of Auto Trader Group from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 8th.

Auto Trader Group Stock Performance

OTCMKTS ATDRY opened at $1.62 on Friday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.66 and a current ratio of 1.73. Auto Trader Group has a twelve month low of $1.37 and a twelve month high of $2.83. The stock’s 50-day simple moving average is $1.57 and its two-hundred day simple moving average is $1.64.

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.