AUTO TRADER GRP/ADR (OTCMKTS:ATDRY) Rating Lowered to Sell at Zacks Investment Research

Zacks Investment Research cut shares of AUTO TRADER GRP/ADR (OTCMKTS:ATDRY) from a hold rating to a sell rating in a research report sent to investors on Tuesday, Zacks.com reports.

According to Zacks, “Auto Trader Group plc provides digital automotive marketplace. It offers buy and sell of vehicles, such as cars, trucks and vans. Auto Trader Group plc is headquartered in Manchester, United Kingdom. “

Other equities analysts have also recently issued research reports about the company. Citigroup cut AUTO TRADER GRP/ADR from a buy rating to a neutral rating in a research report on Friday, May 10th. UBS Group cut AUTO TRADER GRP/ADR from a neutral rating to a sell rating in a research report on Wednesday, June 12th.

OTCMKTS ATDRY opened at $1.61 on Tuesday. The stock’s 50 day simple moving average is $1.70. AUTO TRADER GRP/ADR has a 12-month low of $1.22 and a 12-month high of $1.96. The firm has a market cap of $6.06 billion, a PE ratio of 23.00, a price-to-earnings-growth ratio of 2.77 and a beta of 0.63.

About AUTO TRADER GRP/ADR

Auto Trader Group plc operates in the digital automotive marketplace in the United Kingdom and Ireland. It offers its products to retailers and home traders, and logistics firms; 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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