Auction Technology Group’s (ATG) “Buy” Rating Reiterated at Berenberg Bank

Berenberg Bank reissued their buy rating on shares of Auction Technology Group (LON:ATG) in a research report released on Wednesday morning, MarketBeat.com reports. Berenberg Bank currently has a GBX 710 ($9.04) target price on the stock.

Auction Technology Group Price Performance

Shares of LON:ATG opened at GBX 566 ($7.21) on Wednesday. The company has a current ratio of 0.69, a quick ratio of 1.36 and a debt-to-equity ratio of 22.80. The stock has a market cap of £689.05 million, a PE ratio of 7,075.00 and a beta of 1.35. The stock’s fifty day simple moving average is GBX 547.40 and its two-hundred day simple moving average is GBX 546.78. Auction Technology Group has a 1-year low of GBX 440 ($5.60) and a 1-year high of GBX 785 ($10.00).

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.