Auto Trader Group (OTCMKTS:ATDRY – Get Free Report) was the target of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 77,483 shares, a growth of ∞ from the June 15th total of 0 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 2,906,710 shares, the short-interest ratio is presently 0.0 days.
Auto Trader Group Stock Performance
Shares of ATDRY stock opened at $1.70 on Friday. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.73 and a quick ratio of 1.66. Auto Trader Group has a 1 year low of $1.37 and a 1 year high of $2.83. The firm has a fifty day moving average price of $1.57 and a 200-day moving average price of $1.65.
Analyst Ratings Changes
A number of analysts have recently issued reports on the stock. Citigroup downgraded shares of Auto Trader Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 8th. The Goldman Sachs Group started coverage on shares of Auto Trader Group in a research report on Thursday, June 4th. They set a “buy” rating on the stock. Finally, Barclays cut shares of Auto Trader Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 22nd. One analyst has rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold”.
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.
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