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

Auction Technology Group (LON:ATG)‘s stock had its “buy” rating reiterated by research analysts at Deutsche Bank Aktiengesellschaft in a report issued on Friday,London Stock Exchange reports. They presently have a GBX 815 price objective on the stock. Deutsche Bank Aktiengesellschaft’s price target suggests a potential upside of 103.75% from the stock’s current price.

Auction Technology Group Stock Performance

Shares of ATG traded up GBX 20.60 during mid-day trading on Friday, hitting GBX 400. The company’s stock had a trading volume of 332,614 shares, compared to its average volume of 7,225,840. The firm has a market capitalization of £484.36 million, a PE ratio of -3.38 and a beta of 0.72. Auction Technology Group has a one year low of GBX 259.50 and a one year high of GBX 513. The stock’s 50-day moving average is GBX 338.89 and its two-hundred day moving average is GBX 313.58. The company has a debt-to-equity ratio of 36.02, a quick ratio of 1.36 and a current ratio of 0.66.

Auction Technology Group Company Profile

Auction Technology Group plc (“ATG”) is the operator of the world’s leading marketplaces and auction services for curated online auctions, seamlessly connecting bidders from around the world to over 3,800 trusted auction houses across two major sectors: Industrial & Commercial (“I&C”) and Art & Antiques (“A&A”).

The Group powers eight online marketplaces and listing sites using its proprietary auction platform technology, hosting in excess of 70,000 live and timed auctions each year. ATG has been supporting the auction industry since 1971 and the Group has offices in the UK, US and Germany.