Atento (ATTO) Downgraded by Zacks Investment Research to Strong Sell

Atento stock has undergone multiple analysts rating changes in the recent past.  Atento Downgraded by Zacks Investment Research on 10-11-21. In a note to investors, the firm issued a new rating of Strong Sell. The analysts previously had rating of Hold.

Shares of Atento traded down -$0.22 on Monday, reaching $27.01. 5156 shares of the stock traded hands, compared to its average volume of 22231. Shares of Atento were trading at $27.01 on Monday. The firm’s 50 day moving average is $25.96 and its 200 day moving average is $22.51.Atento has a 12 month low of $27.00 and a 12 month high of $30.48. While on yearly highs and lows, Atento’s today has traded high as $27.49 and has touched $27.00 on the downward trend. See More Analyst Rating at: RATING

Atento Earnings and What to expect: 

Atento last released its earnings results on August 4th, 2021. The business services provider reported $0.11 earnings per share for the quarter, topping analysts’ consensus estimates of $0.04 by $0.07. The business earned $382.70 million during the quarter, compared to analysts’ expectations of $373.90 million. Atento has generated ($0.72) earnings per share over the last year (($3.98) diluted earnings per share). Earnings for Atento are expected to grow by 4,260.00% in the coming year, from $0.05 to $2.18 per share. Atento has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Wednesday, November 10th, 2021 based off prior year’s report dates.

Earnings for Atento are expected to grow by 4,260.00% in the coming year, from $0.05 to $2.18 per share. The P/E ratio of Atento is -6.79, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Atento is -6.79, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Atento has a PEG Ratio of 44.08. PEG Ratios above 1 indicate that a company could be overvalued. Atento has a P/B Ratio of 3.38. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Atento (ATTO) Moving Average Technical Analysis

5 day Moving Average is $27.15 And 5 day price change is -$0.90 (-3.22%)  with average volume for 5 day average is 12,480. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $28.27 and 20 day price change is $1.07 (4.12%) and average 20 day moving volume is 26,210. 50 day moving average is $25.96  and 50 day price change is $3.15 ( 13.20%)  and with average volume for 50 days is : 17,462. 200 day moving average is $22.51  and 200 day price change is $14.21 (111.01%)  and with average volume for 200 days is : 17,827.

Other owners latest trading in Atento :

  • On 8/23/2021 shares held by Morgan Stanley were 122,228 which equates to market value of $3.13M and appx 0.00% owners of Atento
  • On 8/16/2021 shares held by Squarepoint Ops LLC were 8,965 which equates to market value of $0.23M and appx 0.00% owners of Atento
  • On 8/16/2021 shares held by Morgan Stanley were 122,228 which equates to market value of $3.13M and appx 0.00% owners of Atento
  • In total Institutional ownership equates to Institutional Ownership Percentage: 45.94% for Atento

See More Analyst Rating at: RATING