Auto Trader Group (OTCMKTS:ATDRY) Shares Gap Up – Time to Buy?

Auto Trader Group (OTCMKTS:ATDRY)’s stock price gapped up prior to trading on Tuesday . The stock had previously closed at $1.61, but opened at $1.68. Auto Trader Group shares last traded at $1.68, with a volume of 3,732 shares.

Analyst Ratings Changes

ATDRY has been the topic of several recent research reports. Barclays lowered Auto Trader Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 22nd. Citigroup lowered Auto Trader Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 8th. Three equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Reduce”.

Auto Trader Group Stock Performance

The stock has a fifty day moving average price of $1.62 and a two-hundred day moving average price of $1.83. The company has a quick ratio of 1.72, a current ratio of 1.77 and a debt-to-equity ratio of 0.02.

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.