Auction Technology Group (LON:ATG) Trading Up 0.4%

Shares of Auction Technology Group plc (LON:ATG) traded up 0.4% during trading on Friday . The stock traded as high as GBX 428 ($5.73) and last traded at GBX 420.50 ($5.63). 254,885 shares were traded during mid-day trading, a decline of 38% from the average session volume of 411,773 shares. The stock had previously closed at GBX 419 ($5.61).

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the company. Berenberg Bank reiterated a “buy” rating and set a GBX 710 ($9.51) price objective on shares of Auction Technology Group in a research note on Wednesday, June 12th. Royal Bank of Canada assumed coverage on shares of Auction Technology Group in a report on Tuesday, July 16th. They issued a “sector perform” rating and a GBX 540 ($7.23) target price on the stock. Finally, JPMorgan Chase & Co. cut their price target on shares of Auction Technology Group from GBX 560 ($7.50) to GBX 549 ($7.35) and set a “neutral” rating for the company in a report on Friday, July 12th.

Auction Technology Group Stock Performance

The stock has a 50-day moving average of GBX 429.02 and a 200 day moving average of GBX 508.85. The firm has a market capitalization of £512.25 million, a P/E ratio of 5,256.25 and a beta of 1.29. The company has a debt-to-equity ratio of 22.80, a quick ratio of 1.36 and a current ratio of 0.69.

Auction Technology Group Company Profile

Auction Technology Group plc operates online auction marketplaces primarily in the United Kingdom, North America, and Germany. The company operates through four segments: Arts and Antiques, Industrial and Commercial, Auction Services, and Content. It offers watches, jewelry, furniture, fine art, decorative art, vintage fashion and classic cars, and collectables; used equipment, commercial vehicles, and machineries from various industries, such as manufacturing, laboratories and pharmaceuticals, warehousing, construction, agriculture, and real estate; and consumer goods and other products.