Auto Trader Group (OTCMKTS:ATDRY) Sets New 12-Month Low – Time to Sell?

Auto Trader Group (OTCMKTS:ATDRY) shares reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $1.58 and last traded at $1.61, with a volume of 1350240 shares. The stock had previously closed at $1.65.

Analyst Ratings Changes

Separately, Jefferies Financial Group downgraded shares of Auto Trader Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 6th. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Reduce”.

Auto Trader Group Trading Down 2.4%

The company has a quick ratio of 1.72, a current ratio of 1.77 and a debt-to-equity ratio of 0.02. The firm has a 50 day moving average price of $1.90 and a two-hundred day moving average price of $2.32.

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.