HC Wainwright Begins Coverage on Atlas Technical Consultants (NASDAQ:ATCX)

Investment analysts at HC Wainwright assumed coverage on shares of Atlas Technical Consultants (NASDAQ:ATCX) in a report released on Monday, Marketbeat reports. The firm set a “buy” rating and a $13.75 price target on the stock. HC Wainwright’s target price indicates a potential upside of 140.81% from the company’s current price.

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

Atlas Technical Consultants Stock Down 1.6%

NASDAQ ATCX traded down $0.09 during trading on Monday, hitting $5.71. 8,145 shares of the stock traded hands, compared to its average volume of 89,895. The company has a market capitalization of $226.80 million, a P/E ratio of -25.95 and a beta of 1.07. The firm has a 50-day simple moving average of $12.21 and a 200-day simple moving average of $9.36. Atlas Technical Consultants has a 12-month low of $4.39 and a 12-month 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.