Atlantic International (NASDAQ:ATLN) Upgraded by LADENBURG THALM/SH SH to “Strong-Buy” Rating

Atlantic International (NASDAQ:ATLN) was upgraded by investment analysts at LADENBURG THALM/SH SH to a “strong-buy” rating in a research report issued to clients and investors on Thursday,Zacks.com reports.

ATLN has been the topic of a number of other reports. Weiss Ratings restated a “sell (d-)” rating on shares of Atlantic International in a research report on Wednesday, October 8th. Zacks Research raised shares of Atlantic International to a “hold” rating in a research note on Friday, October 3rd. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold”.

Atlantic International Stock Performance

NASDAQ:ATLN opened at $1.30 on Thursday. The company has a market cap of $76.09 million, a price-to-earnings ratio of -0.58 and a beta of 1.14. The stock’s fifty day moving average price is $2.35 and its two-hundred day moving average price is $2.68. Atlantic International has a 52-week low of $1.23 and a 52-week high of $7.97.

Atlantic International (NASDAQ:ATLN) last released its earnings results on Friday, November 14th. The company reported ($0.20) EPS for the quarter. Atlantic International had a negative net margin of 22.66% and a negative return on equity of 3,234.95%. The firm had revenue of $110.13 million during the quarter.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. Strs Ohio bought a new stake in Atlantic International in the third quarter valued at approximately $106,000. New York State Common Retirement Fund bought a new position in shares of Atlantic International during the second quarter worth $97,000. Finally, Geode Capital Management LLC grew its holdings in shares of Atlantic International by 112.2% in the 2nd quarter. Geode Capital Management LLC now owns 245,077 shares of the company’s stock valued at $498,000 after buying an additional 129,572 shares during the period.

About Atlantic International

Atlantic International (NASDAQ: ATLN) is a specialty finance real estate investment trust focused on providing flexible capital solutions to U.S.-based, growth-oriented businesses. Through its externally managed structure, the company targets a diversified portfolio of debt and equity investments in micro-, small- and mid-cap enterprises operating across technology, healthcare, consumer internet, business services and other high-growth sectors. Atlantic International seeks to deliver current income and potential capital appreciation by structuring customized financing arrangements tailored to the needs of underserved companies.

The company’s investment strategy emphasizes middle-market firms that demonstrate strong growth trajectories and scalable business models.