Atlas Technical Consultants, Inc. (NASDAQ:ATCX) Short Interest Update

Atlas Technical Consultants, Inc. (NASDAQ:ATCX) was the target of a significant growth in short interest in July. As of July 15th, there was short interest totaling 73,181 shares, a growth of 154.3% from the June 30th total of 28,772 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 9,709 shares, the days-to-cover ratio is presently 7.5 days.

Analyst Ratings Changes

ATCX has been the subject of several analyst reports. HC Wainwright reaffirmed a “buy” rating and issued a $13.75 price objective on shares of Atlas Technical Consultants in a report on Wednesday, July 1st. Wall Street Zen lowered Atlas Technical Consultants from a “hold” rating to a “sell” rating in a report on Saturday, April 11th. ThinkEquity assumed coverage on Atlas Technical Consultants in a research report on Tuesday, May 26th. They issued a “buy” rating on the stock. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Atlas Technical Consultants in a research note on Wednesday, May 27th. Finally, Zacks Research upgraded shares of Atlas Technical Consultants to a “hold” rating in a research note on Friday, April 24th. Three analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Atlas Technical Consultants presently has an average rating of “Hold” and a consensus target price of $27.88.

Atlas Technical Consultants Stock Up 5.0%

Shares of ATCX stock traded up $0.15 on Wednesday, reaching $3.15. The company had a trading volume of 1,560 shares, compared to its average volume of 54,932. The business’s 50-day moving average is $3.78 and its 200 day moving average is $5.58. Atlas Technical Consultants has a one year low of $2.79 and a one year high of $47.16. The stock has a market capitalization of $10.95 million, a PE ratio of -14.32 and a beta of 1.07.

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.