Atlas Technical Consultants (NASDAQ:ATCX) Rating Lowered to “Sell” at Wall Street Zen

Atlas Technical Consultants (NASDAQ:ATCX) was downgraded by equities research analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued on Saturday.

Other research analysts have also recently issued reports about the stock. HC Wainwright began coverage on shares of Atlas Technical Consultants in a research note on Monday, April 6th. They issued a “buy” rating and a $13.75 target price on the stock. Weiss Ratings began coverage on shares of Atlas Technical Consultants in a research note on Friday, January 9th. They issued a “sell (d-)” rating on the stock. Finally, Alliance Global Partners began coverage on shares of Atlas Technical Consultants in a research note on Friday, January 30th. They issued a “buy” rating and a $42.00 target price on the stock. Two research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Atlas Technical Consultants presently has a consensus rating of “Hold” and an average target price of $27.88.

Atlas Technical Consultants Stock Up 3.2%

ATCX opened at $5.23 on Friday. The stock has a market cap of $207.74 million, a price-to-earnings ratio of -23.77 and a beta of 1.07. Atlas Technical Consultants has a twelve month low of $4.39 and a twelve month high of $47.16. The company’s 50-day moving average price is $6.17 and its two-hundred day moving average price is $9.82.

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.