Alert: Negative Investment/Fundamental Signals (6/4/24)-ATN International Inc (NASDAQ: ATNI)

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Recent notable negative changes in fundamentals have impacted ATN International Inc (NASDAQ: ATNI): the consensus estimate for December, 2024 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.

ATN International Inc (NASDAQ: ATNI) suffers from notable negative changes in investment behavior: the stock fell on very heavy volume.

In light of these highly negative signals we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

ATNI is expected to continue to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.

ATN International has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. ATN International has a neutral Appreciation Score of 59 but a very low Power Rating of 7, and the Negative Value Trend Rating results.

Recent Price Action

ATN International Inc (NASDAQ: ATNI) stock closed at $23.08 on 6/4/24 after a slight decline of -0.5%. Moreover, trading volume in this decline was exceptionally high at 206% of normal. The stock has been extremely weak relative to the market over the last nine months and has declined -2.0% during the last week.

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