Atlas Technical Consultants, Inc. (NASDAQ:ATCX) Receives $27.88 Consensus PT from Brokerages

Shares of Atlas Technical Consultants, Inc. (NASDAQ:ATCX) have been given a consensus recommendation of “Hold” by the five research firms that are presently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $27.8750.

A number of brokerages have recently commented on ATCX. Zacks Research raised Atlas Technical Consultants to a “hold” rating in a report on Friday, April 24th. ThinkEquity initiated coverage on Atlas Technical Consultants in a report on Tuesday, May 26th. They issued a “buy” rating for the company. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Atlas Technical Consultants in a research report on Wednesday, May 27th. Wall Street Zen downgraded Atlas Technical Consultants from a “hold” rating to a “sell” rating in a report on Saturday, April 11th. Finally, HC Wainwright reissued a “buy” rating and issued a $13.75 price target on shares of Atlas Technical Consultants in a research report on Wednesday, July 1st.

Atlas Technical Consultants Price Performance

Atlas Technical Consultants stock opened at $3.05 on Wednesday. Atlas Technical Consultants has a one year low of $3.02 and a one year high of $47.16. The company’s fifty day moving average price is $3.99 and its two-hundred day moving average price is $5.90. The company has a market capitalization of $10.60 million, a price-to-earnings ratio of -13.86 and a beta of 1.07.

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.