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

Auto Trader Group (OTCMKTS:ATDRYGet Free Report) shares reached a new 52-week low on Wednesday . The company traded as low as $1.89 and last traded at $1.91, with a volume of 7629 shares. The stock had previously closed at $1.93.

Analysts Set New Price Targets

Separately, Morgan Stanley reaffirmed an “underweight” rating on shares of Auto Trader Group in a research note on Wednesday, September 10th. One analyst has rated the stock with a Buy rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, Auto Trader Group currently has an average rating of “Reduce”.

Check Out Our Latest Stock Report on ATDRY

Auto Trader Group Price Performance

The company has a current ratio of 1.77, a quick ratio of 1.72 and a debt-to-equity ratio of 0.02. The company has a 50-day moving average price of $2.19 and a 200-day moving average price of $2.50.

Auto Trader Group Company Profile

(Get Free Report)

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.

Further Reading

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