Auction Technology Group (LON:ATG) Given “Buy” Rating at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft reaffirmed their buy rating on shares of Auction Technology Group (LON:ATG) in a research note issued to investors on Friday, MarketBeat.com reports. Deutsche Bank Aktiengesellschaft currently has a GBX 815 price objective on the stock.

Auction Technology Group Trading Up 6.5%

Shares of LON ATG opened at GBX 404.20 on Friday. The firm has a 50 day moving average price of GBX 340.85 and a two-hundred day moving average price of GBX 314.21. The stock has a market cap of £489.44 million, a P/E ratio of -3.42 and a beta of 0.72. Auction Technology Group has a 52-week low of GBX 259.50 and a 52-week high of GBX 513. 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.