It Seems ATN International Inc (ATNI) Will Go Down. Just Reaches Yearly Low

September 17, 2017 - By Kurt Siggers

The stock of ATN International Inc (NASDAQ:ATNI) hit a new 52-week low and has $50.29 target or 3.00 % below today’s $51.85 share price. The 6 months bearish chart indicates high risk for the $840.25 million company. The 1-year low was reported on Sep, 17 by Barchart.com. If the $50.29 price target is reached, the company will be worth $25.21M less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock.

The stock decreased 4.39% or $2.38 on September 15, reaching $51.85. About 297,316 shares traded or 303.84% up from the average. ATN International Inc (NASDAQ:ATNI) has declined 10.69% since September 17, 2016 and is downtrending. It has underperformed by 27.39% the S&P500.

Analysts await ATN International Inc (NASDAQ:ATNI) to report earnings on October, 25. They expect $0.32 EPS, down 27.27 % or $0.12 from last year’s $0.44 per share. ATNI’s profit will be $5.19 million for 40.51 P/E if the $0.32 EPS becomes a reality. After $0.36 actual EPS reported by ATN International Inc for the previous quarter, Wall Street now forecasts -11.11 % negative EPS growth.

More notable recent ATN International Inc (NASDAQ:ATNI) news were published by: Streetinsider.com which released: “Form 8-K ATN International, Inc. For: Sep 15” on September 15, 2017, also Reuters.com with their article: “BRIEF-ATN International says its board declared quarterly dividend of $0.17 …” published on September 15, 2017, Seekingalpha.com published: “ATN International’s (ATNI) CEO Michael Prior on Q2 2017 Results – Earnings …” on July 28, 2017. More interesting news about ATN International Inc (NASDAQ:ATNI) were released by: Globenewswire.com and their article: “Atlantic Tele-Network is Now ATN International” published on June 21, 2016 as well as Seekingalpha.com‘s news article titled: “ATN International: The Forgotten Decent Pick In Top Industry” with publication date: December 23, 2016.

ATN International, Inc. , formerly Atlantic Tele-Network, Inc., is a holding company. The company has market cap of $840.25 million. The Company’s divisions include U.S. It has a 38.64 P/E ratio. Telecom, International Telecom and Renewable Energy.

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