Atlas Technical Consultants, Inc. (NASDAQ:ATCX) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Atlas Technical Consultants, Inc. (NASDAQ:ATCX) have been assigned an average rating of “Hold” from the five research firms that are currently covering the company, MarketBeat reports. One analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and three have issued a buy recommendation on the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $27.8750.

ATCX has been the subject of several recent analyst reports. 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. HC Wainwright reaffirmed a “buy” rating and issued a $13.75 price target on shares of Atlas Technical Consultants in a research report on Wednesday, July 1st. Wall Street Zen lowered shares of Atlas Technical Consultants from a “hold” rating to a “sell” rating in a report on Saturday, April 11th. Finally, ThinkEquity started coverage on Atlas Technical Consultants in a research note on Tuesday, May 26th. They set a “buy” rating for the company.

Atlas Technical Consultants Price Performance

Shares of NASDAQ ATCX opened at $3.65 on Wednesday. The company has a 50 day simple moving average of $4.23 and a 200-day simple moving average of $6.22. The company has a market capitalization of $12.68 million, a P/E ratio of -16.59 and a beta of 1.07. Atlas Technical Consultants has a 1 year low of $3.47 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.