Auction Technology Group (LON:ATG) Earns Buy Rating from Berenberg Bank

Berenberg Bank reissued their buy rating on shares of Auction Technology Group (LON:ATG) in a report published on Tuesday, MarketBeat Ratings reports. The brokerage currently has a GBX 710 ($8.84) price target on the stock.

Auction Technology Group Price Performance

LON ATG opened at GBX 499.50 ($6.22) on Tuesday. Auction Technology Group has a 12 month low of GBX 440 ($5.48) and a 12 month high of GBX 810 ($10.08). The company has a market capitalization of £608.04 million, a P/E ratio of 3,567.86 and a beta of 1.30. The company’s 50 day simple moving average is GBX 601.07 and its 200 day simple moving average is GBX 561.08. The company has a debt-to-equity ratio of 23.60, a current ratio of 0.62 and a quick ratio of 1.36.

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.