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ATN International's (ATNI) Buy Rating Reiterated at BWS Financial

ATN International logo with Computer and Technology background

ATN International (NASDAQ:ATNI - Get Free Report)'s stock had its "buy" rating reissued by BWS Financial in a research note issued on Friday, Benzinga reports. They presently have a $30.00 target price on the technology company's stock. BWS Financial's target price indicates a potential upside of 45.99% from the stock's current price.

Separately, StockNews.com cut shares of ATN International from a "buy" rating to a "hold" rating in a research report on Thursday.

Read Our Latest Analysis on ATN International

ATN International Trading Down 2.0 %

NASDAQ ATNI traded down $0.41 on Friday, reaching $20.55. The company had a trading volume of 103,347 shares, compared to its average volume of 107,958. The company has a quick ratio of 1.04, a current ratio of 1.21 and a debt-to-equity ratio of 0.95. ATN International has a 52 week low of $18.20 and a 52 week high of $39.88. The stock has a market cap of $310.51 million, a price-to-earnings ratio of -7.52, a PEG ratio of 25.41 and a beta of 0.57. The stock's 50 day moving average is $29.99 and its 200-day moving average is $26.05.

Hedge Funds Weigh In On ATN International

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. GAMMA Investing LLC lifted its stake in ATN International by 70.4% in the 3rd quarter. GAMMA Investing LLC now owns 5,692 shares of the technology company's stock valued at $184,000 after acquiring an additional 2,352 shares in the last quarter. SG Americas Securities LLC bought a new stake in shares of ATN International in the third quarter worth $113,000. Marshall Wace LLP boosted its holdings in ATN International by 24.9% during the second quarter. Marshall Wace LLP now owns 38,552 shares of the technology company's stock worth $879,000 after purchasing an additional 7,694 shares during the last quarter. Gabelli Funds LLC bought a new position in ATN International in the second quarter valued at $206,000. Finally, Summit Trail Advisors LLC increased its stake in ATN International by 26.6% in the 2nd quarter. Summit Trail Advisors LLC now owns 26,195 shares of the technology company's stock valued at $604,000 after buying an additional 5,506 shares during the last quarter. 65.50% of the stock is owned by institutional investors and hedge funds.

About ATN International

(Get Free Report)

ATN International, Inc, through its subsidiaries, engages in the provision of digital infrastructure and communications services to residential, business, and government customers in the United States and internationally. The company operates through International Telecom and US Telecom segments. The company offers mobile, data, voice, broadband, and fixed services; handsets and accessories; and wholesale roaming, long distance voice services, and site maintenance services.

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