Auction Technology Group (LON:ATG) Stock Price Down 0.1% - Here's What Happened

Auction Technology Group plc (LON:ATG - Get Free Report) fell 0.1% during mid-day trading on Thursday . The company traded as low as GBX 441 ($5.72) and last traded at GBX 451.50 ($5.86). 63,852 shares changed hands during trading, a decline of 85% from the average session volume of 420,403 shares. The stock had previously closed at GBX 452 ($5.86).

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on ATG shares. 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 ($7.00) target price for the company. JPMorgan Chase & Co. reduced their target price on Auction Technology Group from GBX 560 ($7.26) to GBX 549 ($7.12) and set a "neutral" rating on the stock in a report on Friday, July 12th.

Auction Technology Group Trading Up 3.9 %

The business's 50-day simple moving average is GBX 417.93 and its 200-day simple moving average is GBX 478.55. The company has a debt-to-equity ratio of 22.80, a current ratio of 0.69 and a quick ratio of 1.36. The company has a market cap of £570.12 million, a price-to-earnings ratio of 5,631.25 and a beta of 1.29.

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.