Atotech (NYSE:ATC) Downgraded by Zacks Investment Research to Hold

Atotech stock has undergone multiple analysts rating changes in the recent past.  Atotech Downgraded by Zacks Investment Research on 10-12-21. In a note to investors, the firm issued a new rating of Hold. The analysts previously had rating of Buy.

Shares of Atotech traded up $0.03 on Tuesday, reaching $23.79. 0 shares of the stock traded hands, compared to its average volume of 392420. Shares of Atotech were trading at $23.79 on Tuesday. The firm’s 50 day moving average is $23.80 and its 200 day moving average is N/A.Atotech has a 12 month low of $23.75 and a 12 month high of $26.67. While on yearly highs and lows, Atotech’s today has traded high as $23.87 and has touched $23.75 on the downward trend. See More Analyst Rating at: RATING

Atotech Earnings and What to expect: 

Atotech last announced its quarterly earnings results on August 10th, 2021. The reported $0.15 earnings per share for the quarter, beating analysts’ consensus estimates of $0.14 by $0.01. The business earned $376.60 million during the quarter, compared to analysts’ expectations of $336.45 million. Atotech has generated ($4.64) earnings per share over the last year (($0.77) diluted earnings per share). Earnings for Atotech are expected to grow by 4.95% in the coming year, from $1.01 to $1.06 per share. Atotech has confirmed that its next quarterly earnings report will be published on Tuesday, November 9th, 2021.

Earnings for Atotech are expected to grow by 4.95% in the coming year, from $1.01 to $1.06 per share. The P/E ratio of Atotech is -30.90, 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 Atotech is -30.90, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Atotech (NYSE:ATC) Moving Average Technical Analysis

5 day Moving Average is $23.78 And 5 day price change is -$0.03 (-0.13%)  with average volume for 5 day average is 320,600. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $23.98 and 20 day price change is -$0.36 (-1.49%) and average 20 day moving volume is 410,765. 50 day moving average is $23.80  and 50 day price change is -$0.41 ( -1.69%)  and with average volume for 50 days is : 533,200. 200 day moving average is N/A  and 200 day price change is N/A (N/A)  and with average volume for 200 days is : N/A.

Other owners latest trading in Atotech :

  • On 10/12/2021 shares held by Sphinx Trading LP were 10,012 which equates to market value of $0.24M and appx 0.30% owners of Atotech
  • On 8/25/2021 shares held by Marshall Wace LLP were 123,353 which equates to market value of $3.15M and appx 0.00% owners of Atotech
  • On 8/25/2021 shares held by Marshall Wace North America L.P. were 31,970 which equates to market value of $0.82M and appx 0.00% owners of Atotech
  • In total Institutional ownership equates to Institutional Ownership Percentage: 94.86% for Atotech

See More Analyst Rating at: RATING