ATN International (NASDAQ:ATNI) Raised to Buy at StockNews.com

ATN International (NASDAQ:ATNI) was upgraded by StockNews.com from a “hold” rating to a “buy” rating in a report issued on Thursday.

ATN International Stock Up 3.2 %

ATN International stock opened at $19.89 on Thursday. ATN International has a fifty-two week low of $14.74 and a fifty-two week high of $33.72. The company has a debt-to-equity ratio of 0.95, a quick ratio of 1.15 and a current ratio of 1.21. The firm has a 50 day moving average price of $16.53 and a 200 day moving average price of $22.15. The company has a market capitalization of $300.62 million, a PE ratio of -7.31 and a beta of 0.60.

Institutional Trading of ATN International

Several institutional investors have recently added to or reduced their stakes in ATNI. Quantbot Technologies LP acquired a new stake in ATN International in the 4th quarter valued at approximately $62,000. Public Employees Retirement System of Ohio increased its position in shares of ATN International by 43.7% during the third quarter. Public Employees Retirement System of Ohio now owns 14,652 shares of the technology company’s stock worth $474,000 after acquiring an additional 4,457 shares during the period. Tudor Investment Corp ET AL increased its position in shares of ATN International by 51.2% during the fourth quarter. Tudor Investment Corp ET AL now owns 42,360 shares of the technology company’s stock worth $712,000 after acquiring an additional 14,344 shares during the period. Gamco Investors INC. ET AL increased its position in shares of ATN International by 389.0% during the fourth quarter. Gamco Investors INC. ET AL now owns 65,250 shares of the technology company’s stock worth $1,097,000 after acquiring an additional 51,907 shares during the period. Finally, Segall Bryant & Hamill LLC purchased a new stake in shares of ATN International during the third quarter worth $1,789,000. Institutional investors and hedge funds own 65.50% of the company’s stock.

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.