Atlas Energy Sets New 1-Year High at $55.85 (ATLS)
Atlas Energy (NASDAQ:ATLS) set a new 52-week high during trading hours on Tuesday, AnalystRatings.Net reports. The company traded as high as $55.85 and last traded at $55.67, with a volume of 239,139 shares. The stock had previously closed at $54.63.
Several analysts have recently commented on the stock. Analysts at Zacks downgraded shares of Atlas Energy (NASDAQ:ATLS) from a “neutral” rating to an “underperform” rating in a research note to investors on Tuesday, August 13th. They now have a $49.90 price target on the stock. Separately, analysts at Robert W. Baird upgraded shares of Atlas Energy (NASDAQ:ATLS) from a “neutral” rating to an “outperform” rating in a research note to investors on Monday, July 8th. Finally, analysts at Robert W. Baird upgraded shares of Atlas Energy (NASDAQ:ATLS) from a “neutral” rating to an “outperform” rating in a research note to investors on Monday, July 8th.
Atlas Energy has a 52 week low of $31.15 and a 52 week high of $55.70. The stock has a 50-day moving average of $50.90 and a 200-day moving average of $49.85. The company’s market cap is $2.860 billion.
Atlas Energy (NASDAQ:ATLS) last released its earnings data on Thursday, August 8th. The company reported ($0.16) earnings per share for the quarter. The company had revenue of $643.80 million for the quarter, compared to the consensus estimate of $636.04 million. Analysts expect that Atlas Energy will post $1.97 EPS for the current fiscal year.
Atlas Energy, Inc, formerly Atlas America, Inc, is an independent developer and producer of natural gas and oil, with operations in the Appalachian Basin, the Michigan Basin and the Illinois Basin.
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