ATI Physical Therapy Inc. (NYSE:ATIP) went down by -2.82% from its latest closing price compared to the recent 1-year high of $13.05. The company’s stock price has collected -5.99% of loss in the last five trading sessions. Press Release reported 5 hours ago that Lawsuits Filed Against ATIP, SESN and APPH – Jakubowitz Law Pursues Shareholders Claims
Is It Worth Investing in ATI Physical Therapy Inc. (NYSE :ATIP) Right Now?
Opinions of the stock are interesting as 1 analysts out of 5 who provided ratings for ATI Physical Therapy Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 4 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $8.00, which is $2.55 above the current price. ATIP currently public float of 50.29M and currently shorts hold a 5.03% ratio of that float. Today, the average trading volume of ATIP was 2.29M shares.
ATIP’s Market Performance
ATIP stocks went down by -5.99% for the week, with a monthly drop of -10.39% and a quarterly performance of -58.68%, while its annual performance rate touched -65.15%. The volatility ratio for the week stands at 5.22% while the volatility levels for the past 30 days are set at 5.76% for ATI Physical Therapy Inc.. The simple moving average for the period of the last 20 days is -5.43% for ATIP stocks with a simple moving average of -59.34% for the last 200 days.
Analysts’ Opinion of ATIP
Jefferies, on the other hand, stated in their research note that they expect to see ATIP reach a price target of $5, previously predicting the price at $12. The rating they have provided for ATIP stocks is “Hold” according to the report published on July 27th, 2021.
Citigroup gave a rating of “Neutral” to ATIP, setting the target price at $5 in the report published on July 27th of the current year.
ATIP Trading at -12.77% from the 50-Day Moving Average
After a stumble in the market that brought ATIP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -73.56% of loss for the given period.
Volatility was left at 5.76%, however, over the last 30 days, the volatility rate increased by 5.22%, as shares sank -7.01% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.00% lower at present.
During the last 5 trading sessions, ATIP fell by -5.99%, which changed the moving average for the period of 200-days by -68.06% in comparison to the 20-day moving average, which settled at $3.63. In addition, ATI Physical Therapy Inc. saw -67.85% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for ATIP
Equity return is now at value -109.90, with -61.60 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.98.