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

Berenberg Bank restated their buy rating on shares of Auction Technology Group (LON:ATG) in a research report report published on Tuesday morning, MarketBeat.com reports. They currently have a GBX 710 ($8.84) price target on the stock.

Auction Technology Group Price Performance

ATG opened at GBX 505 ($6.29) on Tuesday. The company has a 50-day moving average of GBX 600.33 and a 200-day moving average of GBX 560.13. The company has a market capitalization of £614.74 million, a P/E ratio of 3,607.14 and a beta of 1.30. Auction Technology Group has a 1-year low of GBX 440 ($5.48) and a 1-year high of GBX 810 ($10.08). The company has a debt-to-equity ratio of 23.60, a quick ratio of 1.36 and a current ratio of 0.62.

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.