Auction Technology Group (ATG)

Sector:

IT Services

Index:

FTSE 250

435.00p
   
  • Change Today:
      6.50p
  • 52 Week High: 633.00p
  • 52 Week Low: 369.50p
  • Currency: UK Pounds
  • Shares Issued: 121.92m
  • Volume: 30,642
  • Market Cap: £530.36m
  • RiskGrade: 274
  • Beta: 1.60

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 435.00p
Change Today 6.50p
% Change 1.52 %
52 Week High 633.00p
52 Week Low 369.50p
Volume 30,642
Shares Issued 121.92m
Market Cap £530.36m
Beta 1.60
RiskGrade 274

ATG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
6.65% below the market average6.65% below the market average6.65% below the market average6.65% below the market average6.65% below the market average
22.50% above the sector average22.50% above the sector average22.50% above the sector average22.50% above the sector average22.50% above the sector average
Price Trend
69.4% below the market average69.4% below the market average69.4% below the market average69.4% below the market average69.4% below the market average
83.91% below the sector average83.91% below the sector average83.91% below the sector average83.91% below the sector average83.91% below the sector average
Income Not Available
Growth
6.23% below the market average6.23% below the market average6.23% below the market average6.23% below the market average6.23% below the market average
2.5% below the sector average2.5% below the sector average2.5% below the sector average2.5% below the sector average2.5% below the sector average

ATG Dividends

No dividends found

Trades for 22-Nov-2024

Time Volume / Share Price
08:35 5,000 @ 435.00p
08:35 20,000 @ 435.00p
08:30 112 @ 435.00p
08:30 314 @ 435.00p
08:26 128 @ 438.50p

ATG Key Personnel

CEO John-Paul Savant
CFO Tom Hargreaves

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