ATN International (NASDAQ:ATNI) Stock Passes Above Two Hundred Day Moving Average - Should You Sell?

Key Points

• ATN International's stock recently climbed above its 200‑day moving average of $21.83, trading as high as $26.46 and last at $25.66, though it remains below the 50‑day average ($26.71) and was reported trading down 5.9%.
• Analyst sentiment has turned cautious — Weiss Ratings and Wall Street Zen downgraded the stock, and MarketBeat shows an average rating of Reduce (one Hold, one Sell).
• The company posts negative earnings and margins (P/E -18.46, net margin -2.05%) but declared a quarterly dividend of $0.275 (annualized $1.10) for a 4.3% yield, despite a negative payout ratio.

ATN International, Inc. (NASDAQ:ATNI - Get Free Report)'s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $21.83 and traded as high as $26.46. ATN International shares last traded at $25.66, with a volume of 89,202 shares trading hands.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on ATNI shares. Weiss Ratings downgraded ATN International from a "hold (c-)" rating to a "sell (d+)" rating in a research report on Tuesday, March 17th. Wall Street Zen downgraded ATN International from a "buy" rating to a "hold" rating in a research report on Saturday, March 21st. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, ATN International currently has an average rating of "Reduce".

ATN International Trading Down 5.9%

The company has a debt-to-equity ratio of 0.99, a current ratio of 1.25 and a quick ratio of 1.19. The company's 50 day moving average is $26.71 and its two-hundred day moving average is $21.83. The firm has a market cap of $394.39 million, a P/E ratio of -18.46, a PEG ratio of 4.42 and a beta of 0.53.

ATN International (NASDAQ:ATNI - Get Free Report) last released its earnings results on Thursday, March 5th. The technology company reported $0.03 earnings per share for the quarter, meeting the consensus estimate of $0.03. The business had revenue of $184.22 million during the quarter, compared to analysts' expectations of $183.60 million. ATN International had a negative net margin of 2.05% and a negative return on equity of 0.52%. On average, sell-side analysts predict that ATN International, Inc. will post -0.73 earnings per share for the current year.

ATN International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 10th. Shareholders of record on Tuesday, March 31st will be paid a dividend of $0.275 per share. The ex-dividend date is Tuesday, March 31st. This represents a $1.10 dividend on an annualized basis and a yield of 4.3%. ATN International's dividend payout ratio (DPR) is currently -79.14%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ATNI. Strs Ohio bought a new position in ATN International during the first quarter worth about $138,000. Segall Bryant & Hamill LLC bought a new position in ATN International during the fourth quarter worth about $448,000. Hillsdale Investment Management Inc. bought a new position in ATN International during the fourth quarter worth about $479,000. Ameriprise Financial Inc. lifted its stake in ATN International by 7.2% during the second quarter. Ameriprise Financial Inc. now owns 35,886 shares of the technology company's stock worth $583,000 after purchasing an additional 2,397 shares during the period. Finally, Marshall Wace LLP lifted its stake in ATN International by 137.9% during the second quarter. Marshall Wace LLP now owns 47,804 shares of the technology company's stock worth $777,000 after purchasing an additional 27,714 shares during the period. Institutional investors own 65.50% of the company's stock.

About ATN International

ATN International, Inc NASDAQ: ATNI is a diversified provider of telecommunications services that operates through a combination of wireless, wireline and broadband networks. Headquartered in Beverly, Massachusetts, the company offers a range of voice and data solutions to residential, commercial and wholesale customers. Its core offerings include long-distance voice services, fixed-line telephony, broadband internet access and network infrastructure solutions.

Through its business segments, ATN delivers tailored communications products to underserved markets across the Caribbean, Latin America, parts of the Pacific and select rural regions of the United States.

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