Auto Trader Group (OTCMKTS:ATDRY) Hits New 1-Year High at $2.10

Auto Trader Group plc (OTCMKTS:ATDRY) reached a new 52-week high during trading on Monday . The company traded as high as $2.10 and last traded at $2.09, with a volume of 118787 shares traded. The stock had previously closed at $2.05.

Analysts Set New Price Targets

A number of analysts recently commented on the stock. Barclays dropped their target price on shares of Auto Trader Group from GBX 725 ($8.90) to GBX 710 ($8.72) in a report on Tuesday, October 10th. JPMorgan Chase & Co. downgraded shares of Auto Trader Group from a “neutral” rating to an “underweight” rating in a research report on Tuesday, July 25th. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on shares of Auto Trader Group from GBX 700 ($8.60) to GBX 720 ($8.84) in a research report on Tuesday, August 1st.

Auto Trader Group Price Performance

The business’s 50 day simple moving average is $1.86 and its 200-day simple moving average is $1.90. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.56 and a current ratio of 1.62.

About Auto Trader Group

Auto Trader Group plc operates in the digital automotive marketplace in the United Kingdom and Ireland. The company provides vehicle advertisement on its websites for private sellers, as well as insurance and loan financing products to consumers; and display advertising on its websites for manufacturers and their advertising agencies.