Auction Technology Group (LON:ATG) Trading Up 1.6% - What's Next?

Auction Technology Group plc (LON:ATG - Get Free Report)'s stock price shot up 1.6% on Monday . The stock traded as high as GBX 292.50 and last traded at GBX 291.50. 488,856 shares changed hands during trading, a decline of 66% from the average session volume of 1,425,465 shares. The stock had previously closed at GBX 287.Analysts Set New Price TargetsA number of analysts recently issued reports on the stock. Royal Bank Of Canada lowered their price target on shares of Auction Technology Group from GBX 415 to GBX 315 and set a "sector perform" rating on the stock in a report on Tuesday, December 2nd. Berenberg Bank decreased their price objective on shares of Auction Technology Group from GBX 560 to GBX 460 and set a "buy" rating for the company in a research report on Thursday, November 27th. JPMorgan Chase & Co. raised their target price on Auction Technology Group from GBX 690 to GBX 695 and gave the company an "overweight" rating in a research report on Friday, November 28th. Finally, Peel Hunt cut their price target on Auction Technology Group from GBX 730 to GBX 460 and set a "buy" rating for the company in a research note on Tuesday, December 2nd. Four analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, Auction Technology Group presently has a consensus rating of "Moderate Buy" and an average price target of GBX 549.Read Our Latest Stock Report on ATGAuction Technology Group Trading Up 1.6%The firm has a market cap of £352.97 million, a price-to-earnings ratio of -2.47 and a beta of 1.29. The company's 50-day moving average price is GBX 301.90 and its 200-day moving average price is GBX 319.06. 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 (Get Free Report)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.Featured ArticlesFive stocks we like better than Auction Technology GroupNEW LAW: Congress Approves Setup For Digital Dollar?Your Bank Account Is No Longer SafeThe day the gold market brokeWhat a Former CIA Agent Knows About the Coming CollapseBuffett, Gates and Bezos Quietly Dumping Stocks—Here's WhyThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Auction Technology Group Right Now?Before you consider Auction Technology Group, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Auction Technology Group wasn't on the list.While Auction Technology Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here