ATN International (ATNI) Receiving Somewhat Positive Media Coverage, Accern Reports
News stories about ATN International (NASDAQ:ATNI) have been trending somewhat positive this week, Accern reports. The research firm rates the sentiment of press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. ATN International earned a news sentiment score of 0.07 on Accern’s scale. Accern also gave news coverage about the technology company an impact score of 46.3069204135232 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
ATN International (NASDAQ:ATNI) opened at 59.49 on Friday. The company has a market capitalization of $963.38 million, a PE ratio of 44.40 and a beta of 0.70. ATN International has a 52 week low of $57.78 and a 52 week high of $87.82. The company has a 50-day moving average of $64.54 and a 200-day moving average of $69.26.
Several brokerages have issued reports on ATNI. Zacks Investment Research downgraded shares of ATN International from a “hold” rating to a “sell” rating in a research report on Wednesday, August 2nd. BWS Financial cut their price objective on shares of ATN International from $64.00 to $57.00 and set a “hold” rating for the company in a research report on Monday, July 31st. BidaskClub downgraded shares of ATN International from a “buy” rating to a “hold” rating in a research report on Wednesday, July 12th. Sidoti initiated coverage on shares of ATN International in a research report on Friday, June 2nd. They issued a “buy” rating for the company. Finally, TheStreet downgraded shares of ATN International from a “b-” rating to a “c+” rating in a research report on Wednesday, May 17th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $67.00.
In other news, SVP Leonard Q. Slap sold 1,000 shares of the firm’s stock in a transaction on Monday, August 7th. The shares were sold at an average price of $62.00, for a total transaction of $62,000.00. Following the sale, the senior vice president now owns 26,645 shares in the company, valued at approximately $1,651,990. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 32.70% of the company’s stock.
About ATN International
ATN International, Inc (ATN), formerly Atlantic Tele-Network, Inc, is a holding company. The Company’s segments include U.S. Telecom, International Telecom and Renewable Energy. In the United States, it provides wholesale wireless voice and data roaming services in rural markets to national, regional, local and selected international wireless carriers.
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