Auction Technology Group (LON:ATG) Shares Down 0.8%

Auction Technology Group plc (LON:ATG)’s share price fell 0.8% during mid-day trading on Friday . The stock traded as low as GBX 611 ($7.78) and last traded at GBX 615 ($7.83). 93,662 shares traded hands during trading, a decline of 63% from the average session volume of 249,834 shares. The stock had previously closed at GBX 620 ($7.89).

Analysts Set New Price Targets

Several brokerages recently issued reports on ATG. Berenberg Bank decreased their price target on Auction Technology Group from GBX 900 ($11.46) to GBX 710 ($9.04) and set a “buy” rating for the company in a report on Monday, December 4th. JPMorgan Chase & Co. reiterated a “neutral” rating and set a GBX 750 ($9.55) price target on shares of Auction Technology Group in a report on Monday, December 4th.

Auction Technology Group Price Performance

The stock has a market cap of £748.64 million, a P/E ratio of 4,392.86 and a beta of 1.30. The company has a debt-to-equity ratio of 23.60, a quick ratio of 1.36 and a current ratio of 0.62. The business has a 50 day simple moving average of GBX 557.82 and a 200-day simple moving average of GBX 570.32.

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.