Auction Technology Group (ATG)

Sector:

IT Services

Index:

FTSE 250

505.00p
   
  • Change Today:
      17.50p
  • 52 Week High: 778.00p
  • 52 Week Low: 448.00p
  • Currency: UK Pounds
  • Shares Issued: 121.73m
  • Volume: 43,707
  • Market Cap: £614.76m
  • RiskGrade: 274

Barclays downgrades Auction Technology to 'equalweight'

By Michele Maatouk

Date: Tuesday 05 Dec 2023

LONDON (ShareCast) - (Sharecast News) - Barclays downgraded Auction Technology on Tuesday to 'equalweight' from 'overweight' and slashed the price target to 600p from 880p.
The bank said that while it remains constructive on the long-term structural growth of ATG, it is now more cautious on the near-term cyclicality of the business.

"Management guidance expects no further deterioration in end-markets, but after two top-line misses in a row we prefer to see proof in the numbers," it said.

Barclays added that at 17x 2024 price-to-earnings, the valuation is not cheap.

At 0935 GMT, the shares were down 4.9% at 495.50p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

ATG Market Data

Currency UK Pounds
Share Price 505.00p
Change Today 17.50p
% Change 3.59 %
52 Week High 778.00p
52 Week Low 448.00p
Volume 43,707
Shares Issued 121.73m
Market Cap £614.76m
RiskGrade 274

ATG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
18.28% below the market average18.28% below the market average18.28% below the market average18.28% below the market average18.28% below the market average
9.52% above the sector average9.52% above the sector average9.52% above the sector average9.52% above the sector average9.52% above the sector average
Price Trend
59.24% below the market average59.24% below the market average59.24% below the market average59.24% below the market average59.24% below the market average
50.54% below the sector average50.54% below the sector average50.54% below the sector average50.54% below the sector average50.54% below the sector average
Income Not Available
Growth
14.89% below the market average14.89% below the market average14.89% below the market average14.89% below the market average14.89% below the market average
5.75% below the sector average5.75% below the sector average5.75% below the sector average5.75% below the sector average5.75% below the sector average

ATG Dividends

No dividends found

Trades for 29-Apr-2024

Time Volume / Share Price
15:07 133 @ 505.00p
15:06 59 @ 504.00p
15:06 52 @ 504.00p
15:04 179 @ 502.00p
15:04 749 @ 502.00p

ATG Key Personnel

CEO John-Paul Savant
CFO Tom Hargreaves

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