Research analysts at StockNews.com started coverage on shares of Atento (NYSE:ATTO – Get Rating) in a report released on Wednesday. The brokerage set a “hold” rating on the business services provider’s stock.
Atento Price Performance
Shares of NYSE:ATTO opened at $1.42 on Wednesday. The company’s fifty day moving average price is $1.56 and its 200-day moving average price is $3.05. The firm has a market capitalization of $21.94 million, a price-to-earnings ratio of -0.16 and a beta of 1.75. Atento has a one year low of $0.77 and a one year high of $12.05.
Hedge Funds Weigh In On Atento
An institutional investor recently raised its position in Atento stock. Renaissance Technologies LLC lifted its holdings in shares of Atento S.A. (NYSE:ATTO – Get Rating) by 12.1% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 31,612 shares of the business services provider’s stock after purchasing an additional 3,400 shares during the period. Renaissance Technologies LLC owned about 0.21% of Atento worth $316,000 as of its most recent filing with the SEC. Institutional investors and hedge funds own 48.01% of the company’s stock.
Atento Company Profile
Atento SA is engaged in the provision of customer relationship management business process outsourcing services and solutions. The firm offers front-end and back-end services ranging from sales, applications processing, customer care, and credit management. It operates through the following geographical segments: Europe, the Middle East and Africa (EMEA), America, and Brazil.
See Also
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