Atlas Technical Consultants (NASDAQ:ATCX) Shares Up 5.1% – Should You Buy?

Atlas Technical Consultants, Inc. (NASDAQ:ATCX)’s stock price traded up 5.1% on Monday. The company traded as high as $2.30 and last traded at $2.25. 6,634 shares traded hands during mid-day trading, a decline of 80% from the average daily volume of 32,840 shares. The stock had previously closed at $2.14.

Analysts Set New Price Targets

A number of research firms recently issued reports on ATCX. HC Wainwright restated a “buy” rating on shares of Atlas Technical Consultants in a report on Tuesday, October 6th. Weiss Ratings cut shares of Atlas Technical Consultants from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Tuesday. Three investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Atlas Technical Consultants currently has an average rating of “Hold” and a consensus target price of $27.88.

Atlas Technical Consultants Stock Performance

The company’s fifty day simple moving average is $3.07 and its 200 day simple moving average is $3.82.

About Atlas Technical Consultants

Atlas Technical Consultants provides infrastructure and environmental consulting services to public- and private-sector clients in the United States. The company supports the planning, design, construction, and maintenance of transportation and other civil infrastructure projects.

Its services have included engineering and technical consulting, construction inspection, materials testing, geotechnical services, environmental consulting, asset management, and program and project management.