Anterix Inc. (NASDAQ:ATEX - Get Free Report)'s stock price hit a new 52-week low during trading on Friday . The company traded as low as $27.02 and last traded at $27.10, with a volume of 96760 shares traded. The stock had previously closed at $27.97.
Analyst Ratings Changes
Separately, JPMorgan Chase & Co. raised their target price on shares of Anterix from $61.00 to $67.00 and gave the stock an "overweight" rating in a research report on Thursday, February 13th.
Check Out Our Latest Stock Report on Anterix
Anterix Price Performance
The company has a market capitalization of $498.32 million, a PE ratio of -16.45 and a beta of 0.94. The company's fifty day moving average is $31.26 and its 200-day moving average is $32.79.
Hedge Funds Weigh In On Anterix
Several institutional investors have recently bought and sold shares of ATEX. DG Capital Management LLC purchased a new position in Anterix during the fourth quarter valued at approximately $13,158,000. Scoggin Management LP purchased a new position in Anterix in the first quarter worth $10,980,000. Nuveen LLC acquired a new stake in shares of Anterix during the first quarter worth $7,204,000. Roubaix Capital LLC acquired a new stake in shares of Anterix during the first quarter worth $5,918,000. Finally, AYAL Capital Advisors Ltd acquired a new position in Anterix during the first quarter valued at $3,611,000. 87.67% of the stock is owned by hedge funds and other institutional investors.
About Anterix
(
Get Free Report)
Anterix Inc operates as a wireless communications company. The company focuses on commercializing its spectrum assets to enable the targeted utility and critical infrastructure customers to deploy private broadband networks and innovative broadband solutions. It holds licensed spectrum in the 900 MHz band with coverage throughout the United States, Alaska, Hawaii, and Puerto Rico.
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