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Somewhat Favorable Press Coverage Somewhat Unlikely to Impact ATN International (ATNI) Share Price
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Shares of ATN International (NASDAQ ATNI) opened at 58.43 on Friday. The stock has a market capitalization of $946.22 million, a PE ratio of 43.60 and a beta of 0.70. The company’s 50 day moving average price is $63.33 and its 200 day moving average price is $68.53. ATN International has a 12 month low of $57.78 and a 12 month high of $87.82.
A number of research firms have recently commented on ATNI. TheStreet cut ATN International from a “b-” rating to a “c+” rating in a research report on Wednesday, May 17th. BidaskClub cut ATN International from a “buy” rating to a “hold” rating in a research report on Thursday, June 22nd. Zacks Investment Research cut ATN International from a “hold” rating to a “sell” rating in a research report on Tuesday, May 2nd. BWS Financial dropped their price target on ATN International from $64.00 to $57.00 and set a “hold” rating for the company in a research report on Monday, July 31st. Finally, Sidoti started coverage on ATN International in a research report on Friday, June 2nd. They set a “buy” rating for the company. One investment analyst has rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $67.00.
In other news, SVP Leonard Q. Slap sold 1,000 shares of ATN International stock in a transaction on Monday, August 7th. The stock was sold at an average price of $62.00, for a total value of $62,000.00. Following the completion of the sale, the senior vice president now owns 26,645 shares of the company’s stock, valued at $1,651,990. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 32.70% of the stock is owned by insiders.
ATN International Company Profile
ATN International, Inc (ATN), formerly Atlantic Tele-Network, Inc, is a holding company. The Company’s segments include U.S. Telecom, International Telecom and Renewable Energy. In the United States, it provides wholesale wireless voice and data roaming services in rural markets to national, regional, local and selected international wireless carriers.