Auto Trader Group (OTCMKTS:ATDRY) Receives Consensus Rating of “Hold” from Analysts

Shares of Auto Trader Group (OTCMKTS:ATDRY) have been assigned a consensus recommendation of “Hold” from the five ratings firms that are covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company.

Several brokerages have commented on ATDRY. The Goldman Sachs Group assumed coverage on Auto Trader Group in a research report on Thursday, June 4th. They issued a “buy” rating on the stock. Jefferies Financial Group raised shares of Auto Trader Group from a “hold” rating to a “buy” rating in a research report on Tuesday. Finally, Royal Bank Of Canada restated a “sector perform” rating on shares of Auto Trader Group in a research note on Friday, July 17th.

Auto Trader Group Trading Up 0.6%

OTCMKTS:ATDRY opened at $1.60 on Friday. Auto Trader Group has a 1 year low of $1.37 and a 1 year high of $2.69. The stock’s 50 day simple moving average is $1.68 and its two-hundred day simple moving average is $1.62. The company has a quick ratio of 1.66, a current ratio of 1.73 and a debt-to-equity ratio of 0.40.

Auto Trader Group Company Profile

Auto Trader Group plc operates a digital automotive marketplace serving consumers and automotive retailers in the United Kingdom and Ireland. Its flagship Auto Trader platform enables users to search for, compare and contact sellers about new and used cars, vans and other vehicles.

The company provides automotive retailers with online advertising and inventory management services, including tools to display vehicle listings, manage stock and connect with prospective buyers. Auto Trader also offers vehicle valuation, pricing and market insight products that support purchasing decisions and dealership operations.

Auto Trader traces its origins to the classified vehicle advertising business established in the United Kingdom in the late 1970s.