Atlas Technical Consultants (NASDAQ:ATCX) Coverage Initiated at HC Wainwright

Equities research analysts at HC Wainwright initiated coverage on shares of Atlas Technical Consultants (NASDAQ:ATCX) in a report issued on Monday, MarketBeat Ratings reports. The brokerage set a “buy” rating and a $13.75 price target on the stock. HC Wainwright’s price objective would indicate a potential upside of 135.85% from the company’s previous close.

Several other equities analysts have also recently weighed in on the stock. Alliance Global Partners started coverage on shares of Atlas Technical Consultants in a research note on Friday, January 30th. They set a “buy” rating and a $42.00 price target for the company. Wall Street Zen raised shares of Atlas Technical Consultants to a “hold” rating in a research note on Saturday, February 28th. Finally, Weiss Ratings started coverage on shares of Atlas Technical Consultants in a research note on Friday, January 9th. They set a “sell (d-)” rating for the company. Two investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $27.88.

Atlas Technical Consultants Price Performance

Shares of ATCX traded up $0.03 during mid-day trading on Monday, hitting $5.83. 3,724 shares of the company’s stock were exchanged, compared to its average volume of 89,891. The company has a market cap of $231.57 million, a PE ratio of -26.50 and a beta of 1.07. Atlas Technical Consultants has a 52 week low of $4.39 and a 52 week high of $47.16. The company has a 50-day simple moving average of $12.21 and a 200 day simple moving average of $9.36.

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.