Auction Technology Group (LON:ATG) Stock Price Down 21.7% - Time to Sell?

Key Points

• Auction Technology Group's stock price dropped significantly by 21.7%, trading as low as GBX 370 ($4.91) on Monday.
• The stock's trading volume surged to over 2 million shares, marking a 228% increase from its average session volume.
• Current financial metrics include a market capitalization of £464.49 million and a P/E ratio of 45.92, reflecting the company's high valuation in the market.

Auction Technology Group plc (LON:ATG - )'s stock price fell 21.7% during trading on Monday . The stock traded as low as GBX 370 ($4.91) and last traded at GBX 376 ($4.99). 2,084,420 shares changed hands during trading, an increase of 228% from the average session volume of 636,357 shares. The stock had previously closed at GBX 480 ($6.37).

Auction Technology Group Price Performance

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 firm has a market capitalization of £464.49 million, a P/E ratio of 45.92 and a beta of 1.29. The business has a fifty day moving average of GBX 467.41 and a 200-day moving average of 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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