Auction Technology Group plc (LON:ATG - Get Free Report)'s share price hit a new 52-week high during trading on Thursday . The stock traded as high as GBX 638 ($7.84) and last traded at GBX 637 ($7.83), with a volume of 431126 shares trading hands. The stock had previously closed at GBX 605 ($7.43).
Analyst Upgrades and Downgrades
Several equities analysts have commented on the stock. JPMorgan Chase & Co. increased their price target on shares of Auction Technology Group from GBX 555 ($6.82) to GBX 695 ($8.54) and gave the company an "overweight" rating in a research note on Thursday, December 5th. Berenberg Bank reiterated a "buy" rating and issued a GBX 710 ($8.72) price target on shares of Auction Technology Group in a research note on Friday, November 29th.
View Our Latest Analysis on ATG
Auction Technology Group Price Performance
The firm has a market capitalization of £735.79 million, a price-to-earnings ratio of 7,550.00 and a beta of 1.29. The company has a fifty day moving average price of GBX 556.84 and a two-hundred day moving average price of GBX 479.07. The company has a quick ratio of 1.36, a current ratio of 0.69 and a debt-to-equity ratio of 22.80.
Insider Activity
In related news, insider Tom Hargreaves sold 230,000 shares of the stock in a transaction on Thursday, November 28th. The stock was sold at an average price of GBX 510 ($6.27), for a total transaction of £1,173,000 ($1,441,208.99). Corporate insiders own 4.49% of the company's stock.
About Auction Technology Group
(
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Auction Technology Group plc (“ATG”) is the operator of the world's leading marketplaces and auction services for curated online auctions, seamlessly connecting bidders from around the world to over 3,800 trusted auction houses across two major sectors: Industrial & Commercial (“I&C”) and Art & Antiques (“A&A”).
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