Atlas Technical Consultants (NASDAQ:ATCX) Coverage Initiated at HC Wainwright
by Michael Walen · The Markets DailyAnalysts at HC Wainwright assumed coverage on shares of Atlas Technical Consultants (NASDAQ:ATCX – Get Free Report) in a research note issued to investors on Monday, MarketBeat.com reports. The firm set a “buy” rating and a $13.75 price target on the stock. HC Wainwright’s target price suggests a potential upside of 135.85% from the stock’s current price.
A number of other research firms have also recently commented on ATCX. Wall Street Zen raised shares of Atlas Technical Consultants to a “hold” rating in a research report on Saturday, February 28th. Alliance Global Partners started coverage on shares of Atlas Technical Consultants in a research report on Friday, January 30th. They set a “buy” rating and a $42.00 price objective for the company. Finally, Weiss Ratings started coverage on shares of Atlas Technical Consultants in a research report on Friday, January 9th. They set a “sell (d-)” rating for the company. Two analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $27.88.
View Our Latest Stock Report on ATCX
Atlas Technical Consultants Price Performance
ATCX stock traded up $0.03 during midday trading on Monday, reaching $5.83. 3,724 shares of the company were exchanged, compared to its average volume of 89,891. The business has a 50-day moving average price of $12.21 and a two-hundred day moving average price of $9.36. Atlas Technical Consultants has a one year low of $4.39 and a one year high of $47.16. The firm has a market capitalization of $231.57 million, a price-to-earnings ratio of -26.50 and a beta of 1.07.
Atlas Technical Consultants Company Profile
Atlas Technical Consultants, Inc provides professional testing, inspection, engineering, environmental, and program management and consulting services in the United States. The company provides a range of technical services that helps its clients test, inspect, plan, design, certify, and manage various projects across various end markets. It offers testing, inspection, and certification services, such as construction materials testing; non-destructive testing and evaluations, materials testing and inspection, laboratory, and geophysics; construction quality assurance; owner verification and inspection; forensic and structural investigations; and materials laboratory services.