JPMorgan Chase & Co. Reiterates “Overweight” Rating for Auction Technology Group (LON:ATG)

JPMorgan Chase & Co. reaffirmed their overweight rating on shares of Auction Technology Group (LON:ATG) in a report released on Friday morning,London Stock Exchange reports. The firm currently has a GBX 790 ($10.23) price objective on the stock.

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 710 ($9.19) price objective on shares of Auction Technology Group in a research note on Friday, November 29th.

Auction Technology Group Trading Up 0.8 %

ATG stock opened at GBX 602 ($7.79) on Friday. The firm has a market cap of £743.68 million, a P/E ratio of 73.53 and a beta of 1.29. Auction Technology Group has a 52-week low of GBX 365 ($4.72) and a 52-week high of GBX 658 ($8.52). The company’s 50-day simple moving average is GBX 584.70 and its 200-day simple moving average is GBX 516.89. The company has a quick ratio of 1.36, a current ratio of 0.62 and a debt-to-equity ratio of 18.16.

About Auction Technology Group

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”).