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

Atlas Technical Consultants, Inc. (NASDAQ:ATCX)’s stock price shot up 5.1% on Monday. The company traded as high as $2.30 and last traded at $2.25. 6,634 shares changed hands during trading, a decline of 80% from the average daily volume of 32,840 shares. The stock had previously closed at $2.14.

Analyst Ratings Changes

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

Atlas Technical Consultants Price Performance

The firm’s 50-day moving average is $3.09 and its two-hundred day moving average is $3.85.

About Atlas Technical Consultants

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.