ATNI Stock Summary and Trading Ideas (Atn International | NASDAQ:ATNI)

ATN International Inc is a telecommunications and utilities company. The company provides digital infrastructure and communications services with a focus on rural and remote markets in the United States, and internationally, including Bermuda and the Caribbean region. Its operating segments comprise US Telecom and International Telecom. The company earns revenue from its telecommunication services.

Atn International trades on the NASDAQ stock market under the symbol ATNI.

As of April 25, 2024, ATNI stock price declined to $19.39 with 90,674 million shares trading.

ATNI has a beta of 1.16, meaning it tends to be more sensitive to market movements. ATNI has a correlation of 0.11 to the broad based SPY ETF.

ATNI has a market cap of $300.18 million. This is considered a Small Cap stock.

Last quarter Atn International reported $187 million in Revenue and -$.42 earnings per share. This fell short of revenue expectation by $-4 million and missed earnings estimates by -$.34.

In the last 3 years, ATNI stock traded as high as $50.45 and as low as $19.01.

The top ETF exchange traded funds that ATNI belongs to (by Net Assets): IJR, VTI, IWM, AVUV, VXF.

ATNI has underperformed the market in the last year with a price return of -47.7% while the SPY ETF gained +22.6%. ATNI has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -45.9% and -29.0%, respectively, while the SPY returned +3.1% and -2.9%, respectively.

ATNI support price is $28.00 and resistance is $29.45 (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 ATNI stock will trade within this expected range on the day.