Wall Street Zen Upgrades Atlantic International (NASDAQ:ATLN) to Sell

Atlantic International (NASDAQ:ATLN) was upgraded by Wall Street Zen to a “sell” rating in a report issued on Saturday.

Several other research analysts have also commented on the stock. Weiss Ratings reissued a “sell (d-)” rating on shares of Atlantic International in a research note on Wednesday, January 21st. LADENBURG THALM/SH SH upgraded shares of Atlantic International to a “strong-buy” rating in a report on Thursday, December 18th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Atlantic International presently has an average rating of “Hold”.

Atlantic International Price Performance

NASDAQ ATLN opened at $4.45 on Friday. The company has a market cap of $260.46 million, a P/E ratio of -1.99 and a beta of 1.25. The stock has a 50-day moving average of $3.27 and a two-hundred day moving average of $2.82. Atlantic International has a 1-year low of $1.16 and a 1-year high of $6.20.

Institutional Investors Weigh In On Atlantic International

A number of hedge funds have recently bought and sold shares of the stock. Geode Capital Management LLC boosted its stake in shares of Atlantic International by 112.2% in the 2nd quarter. Geode Capital Management LLC now owns 245,077 shares of the company’s stock valued at $498,000 after buying an additional 129,572 shares during the period. New York State Common Retirement Fund purchased a new stake in shares of Atlantic International during the second quarter worth approximately $97,000. Deutsche Bank AG increased its stake in shares of Atlantic International by 232.1% during the fourth quarter. Deutsche Bank AG now owns 50,817 shares of the company’s stock worth $68,000 after buying an additional 35,513 shares during the period. Strs Ohio acquired a new stake in Atlantic International in the third quarter valued at approximately $106,000. Finally, State Street Corp raised its holdings in Atlantic International by 9.4% in the fourth quarter. State Street Corp now owns 103,859 shares of the company’s stock valued at $138,000 after acquiring an additional 8,959 shares in the last quarter.

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.