Insider Selling: Auction Technology Group plc (LON:ATG) Insider Sells 230,000 Shares of Stock

Auction Technology Group plc (LON:ATG) insider Tom Hargreaves sold 230,000 shares of the business’s stock in a transaction that occurred on Thursday, November 28th. The stock was sold at an average price of GBX 510 ($6.45), for a total value of £1,173,000 ($1,484,622.20).

Auction Technology Group Trading Up 5.0 %

Shares of ATG stock traded up GBX 27 ($0.34) during trading on Tuesday, hitting GBX 563 ($7.13). 594,581 shares of the stock traded hands, compared to its average volume of 431,009. Auction Technology Group plc has a 52-week low of GBX 365 ($4.62) and a 52-week high of GBX 638 ($8.07). The firm has a market capitalization of £685.85 million, a P/E ratio of 6,700.00 and a beta of 1.29. The firm’s fifty day moving average price is GBX 443.01 and its 200-day moving average price is GBX 471.15. The company has a debt-to-equity ratio of 22.80, a current ratio of 0.69 and a quick ratio of 1.36.

Analyst Ratings Changes

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 710 ($8.99) target price on shares of Auction Technology Group in a research note on Friday.

Auction Technology Group Company Profile

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