Shares of AUTO1 Group SE (OTCMKTS:ATOGF – Get Free Report) dropped 11.6% during mid-day trading on Friday. The stock traded as low as $17.68 and last traded at $17.68. Approximately 20,036 shares traded hands during mid-day trading, an increase of 1,426% from the average session volume of 1,313 shares. The stock had previously closed at $20.00.
Wall Street Analysts Forecast Growth
Separately, Citigroup reiterated a “buy” rating on shares of AUTO1 Group in a report on Tuesday, August 18th. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Buy”.
Read Our Latest Stock Analysis on ATOGF
AUTO1 Group Price Performance
AUTO1 Group Company Profile
AUTO1 Group SE is a Germany-based online platform for trading used vehicles. Founded in Berlin in 2012 by Christian Bertermann and Hakan Koç, the company connects consumers, professional car dealers and vehicle suppliers through digital marketplaces and related services.
The company operates AUTO1.com, a wholesale platform that enables professional dealers to purchase used vehicles, and Autohero, its retail brand for consumers. Autohero offers inspected used cars through an online purchasing process and provides services that may include vehicle delivery, financing and warranties.
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