Auto Trader Group (OTCMKTS:ATDRY) Sets New 12-Month Low – Here’s What Happened

Auto Trader Group (OTCMKTS:ATDRY) shares hit a new 52-week low during trading on Tuesday . The company traded as low as $1.51 and last traded at $1.5286, with a volume of 559601 shares trading hands. The stock had previously closed at $1.58.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group downgraded shares of Auto Trader Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 6th. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce”.

Auto Trader Group Price Performance

The company’s 50-day moving average price is $1.69 and its two-hundred day moving average price is $2.08. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.72 and a current ratio of 1.77.

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.