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

Atlas Technical Consultants, Inc. (NASDAQ:ATCX) has been given an average rating of “Hold” by the five brokerages that are presently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, one has given a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $27.8750.

A number of research firms have recently weighed in on ATCX. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Atlas Technical Consultants in a research note on Monday, August 24th. HC Wainwright restated a “buy” rating and issued a $13.75 price objective on shares of Atlas Technical Consultants in a report on Wednesday, July 1st. Finally, ThinkEquity assumed coverage on shares of Atlas Technical Consultants in a research report on Tuesday, May 26th. They set a “buy” rating on the stock.

Atlas Technical Consultants Stock Up 6.3%

NASDAQ ATCX opened at $3.21 on Thursday. Atlas Technical Consultants has a 1-year low of $2.57 and a 1-year high of $47.16. The firm’s fifty day simple moving average is $3.29 and its 200-day simple moving average is $4.48.

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.