Atlantic International (NASDAQ:ATLN) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Atlantic International (NASDAQ:ATLN) to a sell rating in a report released on Saturday morning.

Other equities research analysts have also issued reports about the company. LADENBURG THALM/SH SH raised Atlantic International to a “strong-buy” rating in a research report on Thursday, December 18th. Weiss Ratings restated a “sell (d-)” rating on shares of Atlantic International in a report on Wednesday, January 21st. One research analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold”.

Atlantic International Stock Down 16.4%

ATLN stock opened at $3.72 on Friday. The firm has a market cap of $217.73 million, a PE ratio of -1.66 and a beta of 1.25. The business has a 50 day moving average of $3.31 and a 200-day moving average of $2.82. Atlantic International has a 12-month low of $1.16 and a 12-month high of $6.10.

Institutional Investors Weigh In On Atlantic International

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ATLN. Geode Capital Management LLC lifted its holdings in Atlantic International by 112.2% during the second quarter. Geode Capital Management LLC now owns 245,077 shares of the company’s stock valued at $498,000 after purchasing an additional 129,572 shares during the last quarter. New York State Common Retirement Fund bought a new stake in shares of Atlantic International in the second quarter valued at approximately $97,000. Strs Ohio bought a new stake in shares of Atlantic International in the third quarter valued at approximately $106,000. Deutsche Bank AG lifted its stake in shares of Atlantic International by 232.1% during the 4th quarter. Deutsche Bank AG now owns 50,817 shares of the company’s stock valued at $68,000 after buying an additional 35,513 shares in the last quarter. Finally, State Street Corp lifted its stake in shares of Atlantic International by 9.4% during the 4th quarter. State Street Corp now owns 103,859 shares of the company’s stock valued at $138,000 after buying 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.