Berenberg Bank Reaffirms “Buy” Rating for Auction Technology Group (LON:ATG)

Berenberg Bank reissued their buy rating on shares of Auction Technology Group (LON:ATG) in a report published on Friday morning, Marketbeat.com reports. They currently have a GBX 710 ($8.99) price objective on the stock.

Auction Technology Group Stock Up 3.9 %

Shares of LON ATG traded up GBX 20 ($0.25) during trading hours on Friday, hitting GBX 536 ($6.78). 660,439 shares of the stock were exchanged, compared to its average volume of 430,313. The company has a quick ratio of 1.36, a current ratio of 0.69 and a debt-to-equity ratio of 22.80. The company has a market cap of £652.96 million, a PE ratio of 6,700.00 and a beta of 1.29. The firm has a fifty day moving average price of GBX 443.01 and a 200-day moving average price of GBX 471.15. Auction Technology Group has a 12 month low of GBX 365 ($4.62) and a 12 month high of GBX 638 ($8.07).

About Auction Technology Group

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.