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

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

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

Auto Trader Group Stock Down 3.1%

Shares of ATDRY opened at $1.58 on Friday. Auto Trader Group has a twelve month low of $1.37 and a twelve month high of $2.83. The company has a 50 day moving average of $1.56 and a 200-day moving average of $1.64. The company has a quick ratio of 1.66, a current ratio of 1.73 and a debt-to-equity ratio of 0.40.

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.