AUTO1 Group (OTCMKTS:ATOGF) Trading 7% Higher – Should You Buy?

AUTO1 Group SE (OTCMKTS:ATOGF) rose 7% during mid-day trading on Monday . The stock traded as high as $27.8250 and last traded at $27.50. Approximately 2,490 shares changed hands during trading, an increase of 280% from the average session volume of 656 shares. The stock had previously closed at $25.6950.

Analysts Set New Price Targets

Separately, Citigroup reiterated a “buy” rating on shares of AUTO1 Group in a report on Tuesday, May 19th. Four investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has a consensus rating of “Buy”.

AUTO1 Group Stock Performance

The firm’s 50-day simple moving average is $23.64 and its two-hundred day simple moving average is $25.56.

About AUTO1 Group

AUTO1 Group SE operates a digital automotive platform for buying and selling used cars online in Europe. It operates AUTO1.com for the sale of used cars to professional car dealers; Autohero.com for sale of used cars to private customers; and wirkaufendeinauto.de, an online platform to sell their used cars to consumers. AUTO1 Group SE was founded in 2012 and is based in Berlin, Germany.