Atlas Technical Consultants, Inc. (NASDAQ:ATCX) Receives Consensus Rating of “Hold” from Brokerages

Atlas Technical Consultants, Inc. (NASDAQ:ATCX) has received a consensus rating of “Hold” from the five research firms that are currently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, one has given a hold recommendation and three have given a buy recommendation to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $27.8750.

ATCX has been the subject of a number of analyst reports. ThinkEquity began coverage on shares of Atlas Technical Consultants in a report on Tuesday. They set a “buy” rating for the company. Wall Street Zen lowered shares of Atlas Technical Consultants from a “hold” rating to a “sell” rating in a report on Saturday, April 11th. HC Wainwright initiated coverage on Atlas Technical Consultants in a research note on Monday, April 6th. They set a “buy” rating and a $13.75 price target for the company. Zacks Research raised Atlas Technical Consultants to a “hold” rating in a report on Friday, April 24th. Finally, Alliance Global Partners initiated coverage on Atlas Technical Consultants in a research note on Friday, January 30th. They issued a “buy” rating and a $42.00 price objective for the company.

Atlas Technical Consultants Trading Up 9.0%

ATCX stock traded up $0.39 during trading on Tuesday, reaching $4.73. 1,056 shares of the stock were exchanged, compared to its average volume of 73,452. The firm’s 50 day moving average is $5.32 and its 200 day moving average is $8.34. The firm has a market cap of $16.44 million, a P/E ratio of -21.50 and a beta of 1.07. Atlas Technical Consultants has a twelve month low of $4.28 and a twelve month high of $47.16.

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.