Auction Technology Group plc (LON:ATG - Get Free Report) shares traded up 0.3% on Friday . The stock traded as high as GBX 586 ($7.13) and last traded at GBX 580 ($7.06). 770,234 shares were traded during trading, an increase of 21% from the average session volume of 635,071 shares. The stock had previously closed at GBX 578 ($7.03).
Analyst Upgrades and Downgrades
A number of research firms recently issued reports on ATG. JPMorgan Chase & Co. boosted their price objective on Auction Technology Group from GBX 555 ($6.75) to GBX 695 ($8.46) and gave the company an "overweight" rating in a research report on Thursday, December 5th. Berenberg Bank reissued a "buy" rating and set a GBX 710 ($8.64) price target on shares of Auction Technology Group in a report on Friday, November 29th.
Read Our Latest Stock Report on ATG
Auction Technology Group Stock Performance
The company has a fifty day moving average price of GBX 526.11 and a two-hundred day moving average price of GBX 470.03. The firm has a market cap of £706.56 million, a price-to-earnings ratio of 7,250.00 and a beta of 1.29. The company has a debt-to-equity ratio of 22.80, a current ratio of 0.69 and a quick ratio of 1.36.
Insider Activity
In related news, insider Tom Hargreaves sold 230,000 shares of the company'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). 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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