ATN International (NASDAQ:ATNI) Now Covered by StockNews.com

StockNews.com started coverage on shares of ATN International (NASDAQ:ATNI – Get Rating) in a report issued on Thursday. The firm set a “hold” rating on the technology company’s stock.

Several other analysts have also commented on the stock. Raymond James lowered their price target on shares of ATN International from $49.00 to $46.00 and set an “outperform” rating on the stock in a research report on Friday, February 24th. TheStreet upgraded shares of ATN International from a “d+” rating to a “c-” rating in a research report on Friday, November 18th.

ATN International Stock Down 3.8 %

ATNI stock opened at $39.26 on Thursday. The company’s 50 day simple moving average is $45.23 and its 200-day simple moving average is $44.20. The firm has a market capitalization of $618.86 million, a PE ratio of -58.60 and a beta of 0.39. ATN International has a 12 month low of $34.74 and a 12 month high of $50.45. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.99 and a quick ratio of 1.03.

Hedge Funds Weigh In On ATN International

Several institutional investors and hedge funds have recently modified their holdings of the company. Mutual of America Capital Management LLC lifted its stake in shares of ATN International by 16.0% during the second quarter. Mutual of America Capital Management LLC now owns 1,825 shares of the technology company’s stock valued at $86,000 after buying an additional 252 shares during the period. New York State Teachers Retirement System lifted its stake in shares of ATN International by 2.1% during the fourth quarter. New York State Teachers Retirement System now owns 14,883 shares of the technology company’s stock valued at $674,000 after buying an additional 300 shares during the period. Nisa Investment Advisors LLC lifted its stake in shares of ATN International by 274.9% during the third quarter. Nisa Investment Advisors LLC now owns 791 shares of the technology company’s stock valued at $31,000 after buying an additional 580 shares during the period. SG Americas Securities LLC lifted its stake in shares of ATN International by 22.4% during the fourth quarter. SG Americas Securities LLC now owns 3,196 shares of the technology company’s stock valued at $145,000 after buying an additional 585 shares during the period. Finally, Martin & Co. Inc. TN raised its stake in ATN International by 3.1% during the third quarter. Martin & Co. Inc. TN now owns 23,921 shares of the technology company’s stock worth $923,000 after purchasing an additional 712 shares during the period. Hedge funds and other institutional investors own 65.71% of the company’s stock.

About ATN International

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ATN International, Inc engages in investment in communications, energy, and technology businesses. It operates through the following segments: U.S. Telecom, International Telecom, and Renewable Energy. The U.S. Telecom segment offers carrier services, including wholesale roaming services, site maintenance, and the leasing of critical network infrastructure.