ATN International (NASDAQ:ATNI) Given “Buy” Rating at BWS Financial

ATN International (NASDAQ:ATNI)‘s stock had its “buy” rating reaffirmed by analysts at BWS Financial in a research note issued to investors 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 43.27% 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.

ATN International Stock Down 0.1 %

ATNI stock traded down $0.02 during midday trading on Friday, hitting $20.94. The company’s stock had a trading volume of 16,195 shares, compared to its average volume of 107,532. 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 firm has a market capitalization of $316.40 million, a P/E ratio of -7.73, a PEG ratio of 25.41 and a beta of 0.57. The firm has a 50-day simple moving average of $29.99 and a 200-day simple moving average of $26.05.

Institutional Investors Weigh In On ATN International

Hedge funds and other institutional investors have recently modified their holdings of the company. Innealta Capital LLC acquired a new stake in shares of ATN International in the 2nd quarter valued at $26,000. GAMMA Investing LLC raised its holdings in shares of ATN International by 72.2% in the 2nd quarter. GAMMA Investing LLC now owns 3,340 shares of the technology company’s stock valued at $76,000 after purchasing an additional 1,400 shares in the last quarter. SG Americas Securities LLC acquired a new stake in shares of ATN International in the 3rd quarter valued at $113,000. BNP Paribas Financial Markets raised its holdings in shares of ATN International by 52.6% in the 1st quarter. BNP Paribas Financial Markets now owns 5,708 shares of the technology company’s stock valued at $180,000 after purchasing an additional 1,968 shares in the last quarter. Finally, Summit Trail Advisors LLC raised its holdings in shares of 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 purchasing an additional 5,506 shares in the last quarter. 65.50% of the stock is currently owned by institutional investors and hedge funds.

About ATN International

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.