Atlantic International (NASDAQ:ATLN) Rating Increased to Strong-Buy at LADENBURG THALM/SH SH

LADENBURG THALM/SH SH upgraded shares of Atlantic International (NASDAQ:ATLN) to a strong-buy rating in a research report sent to investors on Thursday morning,Zacks.com reports.

A number of other brokerages have also recently weighed in on ATLN. Zacks Research raised shares of Atlantic International to a “hold” rating in a research report on Friday, October 3rd. Weiss Ratings restated a “sell (d-)” rating on shares of Atlantic International in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Atlantic International has a consensus rating of “Hold”.

Atlantic International Price Performance

Shares of ATLN stock opened at $1.30 on Thursday. The stock has a market cap of $76.09 million, a PE ratio of -0.58 and a beta of 1.14. The stock has a 50-day moving average of $2.35 and a 200-day moving average of $2.68. Atlantic International has a one year low of $1.23 and a one year high of $7.97.

Atlantic International (NASDAQ:ATLN) last released its quarterly earnings data on Friday, November 14th. The company reported ($0.20) earnings per share for the quarter. The firm had revenue of $110.13 million for the quarter. Atlantic International had a negative return on equity of 3,234.95% and a negative net margin of 22.66%.

Institutional Investors Weigh In On Atlantic International

Several large investors have recently made changes to their positions in the stock. Geode Capital Management LLC raised its holdings in shares of Atlantic International by 112.2% during the second quarter. Geode Capital Management LLC now owns 245,077 shares of the company’s stock worth $498,000 after acquiring an additional 129,572 shares during the period. New York State Common Retirement Fund acquired a new position in Atlantic International in the 2nd quarter worth $97,000. Finally, Strs Ohio bought a new position in Atlantic International during the 3rd quarter worth about $106,000.

About Atlantic International

Atlantic International (NASDAQ: ATLN) is a specialty finance real estate investment trust focused on providing flexible capital solutions to U.S.-based, growth-oriented businesses. Through its externally managed structure, the company targets a diversified portfolio of debt and equity investments in micro-, small- and mid-cap enterprises operating across technology, healthcare, consumer internet, business services and other high-growth sectors. Atlantic International seeks to deliver current income and potential capital appreciation by structuring customized financing arrangements tailored to the needs of underserved companies.

The company’s investment strategy emphasizes middle-market firms that demonstrate strong growth trajectories and scalable business models.