Atlas Technical Consultants (NASDAQ:ATCX) Stock Price Up 5.1% – Time to Buy?

Atlas Technical Consultants, Inc. (NASDAQ:ATCX)’s share price traded up 5.1% during mid-day trading on Monday. The stock 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.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on ATCX. Weiss Ratings upgraded shares of Atlas Technical Consultants from a “sell (e+)” rating to a “sell (d-)” rating in a report on Monday, September 14th. HC Wainwright reissued a “buy” rating on shares of Atlas Technical Consultants in a research report on Tuesday, October 6th. Three analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $27.88.

Atlas Technical Consultants Price Performance

The stock has a 50-day simple moving average of $3.09 and a two-hundred day simple moving average of $3.85.

Atlas Technical Consultants Company Profile

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.