Atento SA (NYSE:ATTO)’s share price reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $5.34 and last traded at $5.29, with a volume of 3036 shares. The stock had previously closed at $5.59.

Several equities analysts have recently weighed in on the company. Barrington Research restated a “buy” rating and set a $14.00 price target on shares of Atento in a report on Tuesday, July 31st. ValuEngine downgraded Atento from a “sell” rating to a “strong sell” rating in a report on Thursday, September 27th. Zacks Investment Research downgraded Atento from a “hold” rating to a “sell” rating in a report on Wednesday, August 1st. Finally, Robert W. Baird reduced their price target on Atento from $10.00 to $8.00 and set an “outperform” rating for the company in a report on Thursday, November 8th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $10.17.

The company has a debt-to-equity ratio of 1.31, a current ratio of 1.53 and a quick ratio of 1.53. The firm has a market cap of $443.45 million, a price-to-earnings ratio of 7.09, a price-to-earnings-growth ratio of 1.06 and a beta of 0.44.

Large investors have recently modified their holdings of the company. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new position in shares of Atento during the second quarter valued at $144,000. Acadian Asset Management LLC increased its holdings in shares of Atento by 0.5% during the third quarter. Acadian Asset Management LLC now owns 1,547,540 shares of the business services provider’s stock valued at $11,605,000 after acquiring an additional 8,221 shares in the last quarter. Aviva PLC bought a new position in shares of Atento during the second quarter valued at $2,048,000. Bank of America Corp DE increased its holdings in shares of Atento by 52.4% during the second quarter. Bank of America Corp DE now owns 486,135 shares of the business services provider’s stock valued at $3,330,000 after acquiring an additional 167,174 shares in the last quarter. Finally, Royce & Associates LP increased its holdings in Atento by 20.8% in the 2nd quarter. Royce & Associates LP now owns 1,105,701 shares of the business services provider’s stock worth $7,574,000 after buying an additional 190,200 shares in the last quarter. Hedge funds and other institutional investors own 91.15% of the company’s stock.

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About Atento (NYSE:ATTO)

Atento SA, together with its subsidiaries, provides customer relationship management and business process outsourcing services and solutions in Brazil, the Americas, Europe, the Middle East, and Africa. It offers a range of front and back-end services, including sales, customer care, collections, back office, applications-processing, credit-management, and technical support services.

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