Auction Technology Group (LON:ATG) Stock Price Down 20.7% - Here's Why

Key Points

• Auction Technology Group plc's shares fell by 20.7% during trading, hitting a low of GBX 370 ($4.91) before recovering slightly to GBX 380.64 ($5.05).
• The company experienced a significant increase in trading volume, with 1,591,567 shares traded, marking a 151% rise from its average session volume.
• Auction Technology Group's current market cap stands at £463.87 million, with a price-to-earnings ratio of 45.86 and a debt-to-equity ratio of 18.16.

Shares of Auction Technology Group plc (LON:ATG - ) fell 20.7% during mid-day trading on Monday . The company traded as low as GBX 370 ($4.91) and last traded at GBX 380.64 ($5.05). 1,591,567 shares were traded during trading, an increase of 151% from the average session volume of 633,049 shares. The stock had previously closed at GBX 480 ($6.37).

Auction Technology Group Trading Down 21.8%

The stock has a market cap of £463.87 million, a price-to-earnings ratio of 45.86 and a beta of 1.29. The company has a debt-to-equity ratio of 18.16, a quick ratio of 1.36 and a current ratio of 0.62. The company's 50 day simple moving average is GBX 467.41 and its two-hundred day simple moving average is GBX 539.40.

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”).

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