Atlas Technical Consultants, Inc. (NASDAQ:ATCX) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Atlas Technical Consultants, Inc. (NASDAQ:ATCX) have earned a consensus rating of “Hold” from the five brokerages that are covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating on the company. The average 1-year price objective among brokers that have covered the stock in the last year is $27.8750.

Several equities research analysts recently commented on ATCX shares. Wall Street Zen lowered shares of Atlas Technical Consultants from a “hold” rating to a “sell” rating in a research note on Saturday, April 11th. HC Wainwright started coverage on shares of Atlas Technical Consultants in a research note on Monday, April 6th. They set a “buy” rating and a $13.75 price objective on the stock. Weiss Ratings reissued a “sell (e+)” rating on shares of Atlas Technical Consultants in a research note on Wednesday, May 27th. Zacks Research raised shares of Atlas Technical Consultants to a “hold” rating in a research note on Friday, April 24th. Finally, ThinkEquity started coverage on shares of Atlas Technical Consultants in a research note on Tuesday, May 26th. They set a “buy” rating on the stock.

Atlas Technical Consultants Stock Performance

Shares of ATCX opened at $3.92 on Friday. The firm’s 50-day moving average price is $4.76 and its 200-day moving average price is $7.28. The firm has a market capitalization of $13.62 million, a price-to-earnings ratio of -17.82 and a beta of 1.07. Atlas Technical Consultants has a 1-year low of $3.50 and a 1-year high of $47.16.

About Atlas Technical Consultants

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.