Atlantic International (NASDAQ:ATLN) Upgraded at Wall Street Zen

Atlantic International (NASDAQ:ATLN) was upgraded by analysts at Wall Street Zen to a “sell” rating in a research note issued to investors on Saturday.

A number of other research firms have also recently commented on ATLN. LADENBURG THALM/SH SH upgraded Atlantic International to a “strong-buy” rating in a research report on Thursday, December 18th. Weiss Ratings reissued a “sell (d-)” rating on shares of Atlantic International in a research report on Wednesday, January 21st. One analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Atlantic International presently has an average rating of “Hold”.

Atlantic International Price Performance

Shares of NASDAQ:ATLN opened at $4.45 on Friday. Atlantic International has a 12 month low of $1.16 and a 12 month high of $6.20. The firm has a market capitalization of $260.46 million, a P/E ratio of -1.99 and a beta of 1.25. The company’s fifty day moving average price is $3.27 and its 200 day moving average price is $2.83.

Institutional Trading of Atlantic International

A number of hedge funds have recently added to or reduced their stakes in ATLN. Geode Capital Management LLC grew its stake in shares of Atlantic International by 112.2% in the 2nd quarter. Geode Capital Management LLC now owns 245,077 shares of the company’s stock valued at $498,000 after purchasing an additional 129,572 shares during the last quarter. State Street Corp raised its stake in shares of Atlantic International by 9.4% during the fourth quarter. State Street Corp now owns 103,859 shares of the company’s stock worth $138,000 after purchasing an additional 8,959 shares during the last quarter. New York State Common Retirement Fund acquired a new stake in shares of Atlantic International during the second quarter worth $97,000. Deutsche Bank AG lifted its holdings in shares of Atlantic International by 232.1% during the fourth quarter. Deutsche Bank AG now owns 50,817 shares of the company’s stock worth $68,000 after purchasing an additional 35,513 shares during the period. Finally, Strs Ohio purchased a new position in Atlantic International in the 3rd quarter valued at $106,000.

About Atlantic International

Atlantic International (NASDAQ: ATLN) is a specialty finance real estate investment trust focused on providing flexible capital solutions to U.S.-based, growth-oriented businesses. Through its externally managed structure, the company targets a diversified portfolio of debt and equity investments in micro-, small- and mid-cap enterprises operating across technology, healthcare, consumer internet, business services and other high-growth sectors. Atlantic International seeks to deliver current income and potential capital appreciation by structuring customized financing arrangements tailored to the needs of underserved companies.

The company’s investment strategy emphasizes middle-market firms that demonstrate strong growth trajectories and scalable business models.