Alert: Major Price Decline (10/30/24)-ATN International Inc (NASDAQ: ATNI).

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On 10/30/24, ATN International Inc (NASDAQ: ATNI) stock suffered a major decline of -27.5%, closing at $22.87. Moreover, above average trading volume at 149% of normal accompanied the decline. Relative to the market the stock has been weak over the last nine months and has declined -27.3% during the last week.

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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 C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. ATN International has a neutral Appreciation Score of 52 and a slightly negative Power Rating of 39, leading to the Low Neutral Value Trend Rating.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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