Auction Technology Group (LON:ATG) Trading Up 12.6% – Should You Buy?

Auction Technology Group plc (LON:ATG)’s share price rose 12.6% on Saturday . The company traded as high as GBX 370 and last traded at GBX 362. Approximately 1,920,300 shares changed hands during mid-day trading, an increase of 100% from the average daily volume of 958,306 shares. The stock had previously closed at GBX 321.50.

Trending Headlines about Auction Technology Group

Here are the key news stories impacting Auction Technology Group this week:

• Positive Sentiment: FitzWalter Capital has increased/indicated an increased takeover bid for Auction Technology, pushing buyout discussions back into focus and supporting a premium on the share price. Auction Technology shares rise as FitzWalter increases takeover bid
• Positive Sentiment: Media reports name a higher reported valuation for the bid (articles cite a buyout figure reported around $658m), which suggests a meaningful premium over recent market levels and underpins the rally. FitzWalter Capital raises buyout bid for UK’s Auction Technology to $658 million
• Positive Sentiment: The group’s largest shareholder has tabled another higher proposal (reported as a twelfth bid worth about £491m), adding takeover pressure and signalling shareholder appetite for a deal at a premium. Auction Technology Group’s biggest shareholder tables twelfth bid worth £491m
• Neutral Sentiment: Reports note FitzWalter is “considering” an increased offer and shareholder indications are proposals rather than finalized agreements — the outcome still depends on formal offers, board recommendations, financing and approvals. Auction Technology surges as FitzWalter considers increased takeover offer
• Neutral Sentiment: Coverage across outlets highlights market reaction (sharp share rise and elevated volume) but not a completed transaction — investors should watch official announcements from ATG and FitzWalter for confirmed offer terms and timelines. Auction Technology Shares Jump After Shareholder Indicates Higher Offer Proposal

Analysts Set New Price Targets

ATG has been the subject of several recent research reports. Peel Hunt decreased their target price on shares of Auction Technology Group from GBX 730 to GBX 460 and set a “buy” rating for the company in a research report on Tuesday, December 2nd. JPMorgan Chase & Co. lifted their price target on Auction Technology Group from GBX 690 to GBX 695 and gave the company an “overweight” rating in a research note on Friday, November 28th. Berenberg Bank decreased their price objective on Auction Technology Group from GBX 560 to GBX 460 and set a “buy” rating for the company in a report on Thursday, November 27th. Finally, Royal Bank Of Canada dropped their target price on Auction Technology Group from GBX 415 to GBX 315 and set a “sector perform” rating on the stock in a report on Tuesday, December 2nd. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, Auction Technology Group has a consensus rating of “Moderate Buy” and a consensus target price of GBX 549.

Auction Technology Group Stock Up 12.6%

The company has a current ratio of 0.62, a quick ratio of 1.36 and a debt-to-equity ratio of 18.16. The firm has a market capitalization of £438.34 million, a P/E ratio of -3.06 and a beta of 1.29. The stock’s 50-day simple moving average is GBX 291.14 and its 200-day simple moving average is GBX 339.95.

About Auction Technology Group

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”).

The Group powers eight online marketplaces and listing sites using its proprietary auction platform technology, hosting in excess of 70,000 live and timed auctions each year. ATG has been supporting the auction industry since 1971 and the Group has offices in the UK, US and Germany.