Auction Technology Group (LON:ATG) Trading Down 0.1% – Should You Sell?

Auction Technology Group plc (LON:ATG)’s share price traded down 0.1% during mid-day trading on Thursday . The stock traded as low as GBX 441 ($5.72) and last traded at GBX 451.50 ($5.86). 63,852 shares changed hands during trading, a decline of 85% from the average session volume of 420,403 shares. The stock had previously closed at GBX 452 ($5.86).

Analyst Ratings Changes

ATG has been the subject of a number of analyst reports. JPMorgan Chase & Co. decreased their price objective on shares of Auction Technology Group from GBX 560 ($7.26) to GBX 549 ($7.12) and set a “neutral” rating for the company in a research report on Friday, July 12th. Royal Bank of Canada initiated coverage on Auction Technology Group in a research note on Tuesday, July 16th. They set a “sector perform” rating and a GBX 540 ($7.00) price objective for the company.

Auction Technology Group Trading Up 4.1 %

The company has a debt-to-equity ratio of 22.80, a current ratio of 0.69 and a quick ratio of 1.36. The firm’s fifty day moving average price is GBX 418.92 and its 200-day moving average price is GBX 477.46. The company has a market cap of £571.34 million, a price-to-earnings ratio of 5,862.50 and a beta of 1.29.

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.