Auto Trader Group (OTCMKTS:ATDRY) Shares Gap Down – Should You Sell?

Auto Trader Group (OTCMKTS:ATDRY) shares gapped down before the market opened on Friday . The stock had previously closed at $1.80, but opened at $1.74. Auto Trader Group shares last traded at $1.75, with a volume of 1,971 shares changing hands.

Analyst Ratings Changes

A number of analysts recently commented on ATDRY shares. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Auto Trader Group in a research note on Friday, July 17th. The Goldman Sachs Group started coverage on shares of Auto Trader Group in a report on Thursday, June 4th. They issued a “buy” rating for the company. One investment analyst has rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Auto Trader Group has a consensus rating of “Hold”.

Auto Trader Group Stock Performance

The company’s fifty day moving average is $1.67 and its two-hundred day moving average is $1.61. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.73 and a quick ratio of 1.66.

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.