Atlantic International Corp. (NASDAQ:ATLN - Get Free Report)'s share price rose 20.2% during mid-day trading on Wednesday . The stock traded as high as $4.20 and last traded at $3.99. Approximately 157,745 shares traded hands during trading, an increase of 89% from the average daily volume of 83,340 shares. The stock had previously closed at $3.32.
Atlantic International Price Performance
The stock has a market cap of $270.30 million, a P/E ratio of -2.10 and a beta of 1.04. The firm's 50-day moving average price is $2.38 and its 200-day moving average price is $3.07.
Institutional Investors Weigh In On Atlantic International
An institutional investor recently raised its position in Atlantic International stock. Geode Capital Management LLC raised its position in shares of Atlantic International Corp. (NASDAQ:ATLN - Free Report) by 112.2% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 245,077 shares of the company's stock after acquiring an additional 129,572 shares during the period. Geode Capital Management LLC owned approximately 0.40% of Atlantic International worth $498,000 as of its most recent filing with the Securities & Exchange Commission.
Atlantic International Company Profile
(
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Atlantic International Corp. engages in the design, development, and manufacture of genetic analysis technologies. Its services include RNA sequencing and DNA sequencing. The company was founded by William C. St. Laurent and Daniel R. Jones in 2013 and is headquartered in Billercia, MA.
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