Atlantic International (NASDAQ:ATLN) Upgraded at LADENBURG THALM/SH SH

LADENBURG THALM/SH SH upgraded shares of Atlantic International (NASDAQ:ATLN) to a strong-buy rating in a research report released on Thursday,Zacks.com reports.

ATLN has been the topic of several other reports. Zacks Research upgraded Atlantic International to a “hold” rating in a research report on Friday, October 3rd. Weiss Ratings restated a “sell (d-)” rating on shares of Atlantic International in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold”.

Atlantic International Price Performance

Shares of Atlantic International stock opened at $1.30 on Thursday. Atlantic International has a 12 month low of $1.23 and a 12 month high of $7.97. The stock has a market capitalization of $76.09 million, a price-to-earnings ratio of -0.58 and a beta of 1.14. The business has a 50-day moving average of $2.35 and a 200 day moving average of $2.68.

Atlantic International (NASDAQ:ATLN) last announced its quarterly earnings results on Friday, November 14th. The company reported ($0.20) EPS for the quarter. The firm had revenue of $110.13 million for the quarter. Atlantic International had a negative return on equity of 3,234.95% and a negative net margin of 22.66%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Strs Ohio acquired a new stake in Atlantic International during the third quarter valued at approximately $106,000. New York State Common Retirement Fund acquired a new stake in shares of Atlantic International in the second quarter worth about $97,000. Finally, Geode Capital Management LLC raised its position in shares of Atlantic International by 112.2% in the second quarter. Geode Capital Management LLC now owns 245,077 shares of the company’s stock valued at $498,000 after purchasing an additional 129,572 shares during the period.

Atlantic International Company Profile

Atlantic International (NASDAQ: ATLN) is a specialty finance real estate investment trust focused on providing flexible capital solutions to U.S.-based, growth-oriented businesses. Through its externally managed structure, the company targets a diversified portfolio of debt and equity investments in micro-, small- and mid-cap enterprises operating across technology, healthcare, consumer internet, business services and other high-growth sectors. Atlantic International seeks to deliver current income and potential capital appreciation by structuring customized financing arrangements tailored to the needs of underserved companies.

The company’s investment strategy emphasizes middle-market firms that demonstrate strong growth trajectories and scalable business models.