Auction Technology Group plc (LON:ATG) Insider Tom Hargreaves Sells 237,360 Shares

Auction Technology Group plc (LON:ATG – Get Rating) insider Tom Hargreaves sold 237,360 shares of the stock in a transaction dated Thursday, May 18th. The stock was sold at an average price of GBX 689 ($8.57), for a total transaction of £1,635,410.40 ($2,034,092.54).

Auction Technology Group Trading Up 2.5 %

Shares of ATG stock opened at GBX 747 ($9.29) on Tuesday. The company has a quick ratio of 1.36, a current ratio of 1.03 and a debt-to-equity ratio of 27.23. Auction Technology Group plc has a fifty-two week low of GBX 555 ($6.90) and a fifty-two week high of GBX 1,094 ($13.61). The firm’s 50 day moving average price is GBX 652.94 and its two-hundred day moving average price is GBX 720.88. The stock has a market cap of £904.84 million, a price-to-earnings ratio of -14,940.00 and a beta of 1.82.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on ATG shares. Barclays reaffirmed an “overweight” rating and set a GBX 900 ($11.19) price target on shares of Auction Technology Group in a research note on Thursday, April 6th. JPMorgan Chase & Co. reduced their target price on Auction Technology Group from GBX 938 ($11.67) to GBX 925 ($11.50) and set a “neutral” rating on the stock in a report on Monday, April 24th.

About Auction Technology Group

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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, jewellery, furniture, fine art, decorative art, vintage fashion and classic cars, and collectables; used equipment, commercial vehicles, and machineries from various industries, such as manufacturing, warehousing, construction, agriculture, and real estate; and consumer goods and other products.