Auto Trader Group (OTCMKTS:ATDRY) Shares Gap Up – Here’s What Happened

Auto Trader Group (OTCMKTS:ATDRY)’s stock price gapped up prior to trading on Friday . The stock had previously closed at $1.64, but opened at $1.71. Auto Trader Group shares last traded at $1.71, with a volume of 448 shares traded.

Analyst Ratings Changes

Several research analysts recently commented on the company. The Goldman Sachs Group began coverage on Auto Trader Group in a research note on Thursday, June 4th. They issued a “buy” rating for the company. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Auto Trader Group in a research note on Friday, July 17th. One analyst has rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold”.

Auto Trader Group Trading Down 0.3%

The company has a quick ratio of 1.66, a current ratio of 1.73 and a debt-to-equity ratio of 0.40. The firm’s fifty day simple moving average is $1.68 and its two-hundred day simple moving average is $1.62.

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.