Shares of Auction Technology Group plc (LON:ATG - Get Free Report) traded up 0.3% during trading on Friday . The company traded as high as GBX 586 ($7.13) and last traded at GBX 580 ($7.06). 770,234 shares traded hands during mid-day trading, an increase of 21% from the average session volume of 635,071 shares. The stock had previously closed at GBX 578 ($7.03).
Wall Street Analysts Forecast Growth
ATG has been the topic of several recent analyst reports. JPMorgan Chase & Co. lifted their price objective on shares of Auction Technology Group from GBX 555 ($6.75) to GBX 695 ($8.46) and gave the stock an "overweight" rating in a research note on Thursday, December 5th. Berenberg Bank reissued a "buy" rating and issued a GBX 710 ($8.64) price target on shares of Auction Technology Group in a report on Friday, November 29th.
Read Our Latest Stock Analysis on Auction Technology Group
Auction Technology Group Stock Up 0.3 %
The company has a debt-to-equity ratio of 22.80, a quick ratio of 1.36 and a current ratio of 0.69. The firm's fifty day simple moving average is GBX 526.11 and its 200 day simple moving average is GBX 470.03. The stock has a market capitalization of £706.56 million, a price-to-earnings ratio of 7,250.00 and a beta of 1.29.
Insiders Place Their Bets
In related news, insider Tom Hargreaves sold 230,000 shares of the firm's stock in a transaction on Thursday, November 28th. The shares were sold at an average price of GBX 510 ($6.21), for a total value of £1,173,000 ($1,427,180.92). Corporate insiders own 4.49% of the company's stock.
Auction Technology Group Company Profile
(
Get Free Report)
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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