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Auto Trader Group (OTCMKTS:ATDRY) Trading Up 0.7% - Should You Buy?

Auto Trader Group logo with Retail/Wholesale background

Key Points

  • Auto Trader Group shares increased by 0.7%, trading at approximately $2.75, with a notable volume increase of 26% over the average daily trading volume.
  • Citigroup has reaffirmed a "buy" rating for Auto Trader Group, indicating positive sentiment from analysts regarding the stock's growth potential.
  • The stock is performing well with a 50-day moving average of $2.73 and a 200-day moving average of $2.62, suggesting consistent trading above average price levels.
  • Five stocks to consider instead of Auto Trader Group.

Auto Trader Group (OTCMKTS:ATDRY - Get Free Report)'s share price was up 0.7% during trading on Thursday . The company traded as high as $2.78 and last traded at $2.75. Approximately 344,242 shares were traded during mid-day trading, an increase of 26% from the average daily volume of 272,192 shares. The stock had previously closed at $2.73.

Wall Street Analyst Weigh In

Separately, Citigroup restated a "buy" rating on shares of Auto Trader Group in a research note on Tuesday, June 10th.

View Our Latest Analysis on Auto Trader Group

Auto Trader Group Price Performance

The stock's fifty day moving average is $2.73 and its 200-day moving average is $2.63.

Auto Trader Group Company Profile

(Get Free Report)

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.

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