Auction Technology Group’s (ATG) Buy Rating Reaffirmed at Berenberg Bank

Berenberg Bank reiterated their buy rating on shares of Auction Technology Group (LON:ATG) in a research note issued to investors on Tuesday, Digital Look reports. They currently have a GBX 710 ($8.84) price target on the stock.

Auction Technology Group Stock Performance

Shares of ATG stock opened at GBX 520 ($6.47) on Tuesday. The business has a 50 day moving average of GBX 602.57 and a two-hundred day moving average of GBX 561.95. The company has a market cap of £633.00 million, a P/E ratio of 3,714.29 and a beta of 1.30. The company has a quick ratio of 1.36, a current ratio of 0.62 and a debt-to-equity ratio of 23.60. Auction Technology Group has a 52 week low of GBX 440 ($5.48) and a 52 week high of GBX 810 ($10.08).

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.