ATLC Stock Summary and Trading Ideas (Atlanticus Holdings | NASDAQ:ATLC)

Atlanticus Holdings Corp invests in the financial services industry. It provides various credit and related financial services and products to or associated with the financially underserved consumer credit market. The operating business segments are the Credit as a Service and the Auto Finance segment. It generates maximum revenue from the Credit as a Service segment.

Atlanticus Holdings trades on the NASDAQ stock market under the symbol ATLC.

As of April 16, 2024, ATLC stock price declined to $26.11 with 8,284 million shares trading.

ATLC has a market cap of $380.88 million. This is considered a Small Cap stock.

Last quarter Atlanticus Holdings reported $309 million in Revenue and $1.10 earnings per share. This beat revenue expectation by $3 million and exceeded earnings estimates by $.14.

In the last 3 years, ATLC stock traded as high as $91.98 and as low as $21.65.

The top ETF exchange traded funds that ATLC belongs to (by Net Assets): VTI, IWM, VXF, DFAT, IWN.

ATLC has underperformed the market in the last year with a price return of -8.8% while the SPY ETF gained +23.7%. ATLC has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -26.7% and -10.0%, respectively, while the SPY returned +6.0% and -3.6%, respectively.

ATLC support price is $25.13 and resistance is $27.17 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ATLC stock will trade within this expected range on the day.