ATI Inc. (NYSE:ATI) went up by 8.09% from its latest closing price compared to the recent 1-year high of $30.74. The company’s stock price has collected 10.80% of gains in the last five trading sessions.
Is It Worth Investing in ATI Inc. (NYSE :ATI) Right Now?
ATI Inc. (NYSE:ATI) scored a price-to-earnings ratio above its average ratio, recording 794.20 x from its present earnings ratio. Plus, the 36-month beta value for ATI is at 1.32. Opinions of the stock are interesting as 7 analysts out of 10 who provided ratings for ATI Inc. declared the stock was a “buy,” while 2 rated the stock as “overweight,” 1 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $32.22, which is $5.35 above the current price. ATI currently public float of 123.26M and currently shorts hold a 10.78% ratio of that float. Today, the average trading volume of ATI was 1.61M shares.
ATI’s Market Performance
ATI stocks went up by 10.80% for the week, with a monthly jump of 30.73% and a quarterly performance of -5.65%, while its annual performance rate touched 48.11%. The volatility ratio for the week stands at 4.32% while the volatility levels for the past 30 days are set at 4.45% for ATI Inc. The simple moving average for the period of the last 20 days is 16.52% for ATI stocks with a simple moving average of 23.22% for the last 200 days.
Analysts’ Opinion of ATI
Many brokerage firms have already submitted their reports for ATI stocks, with Cowen repeating the rating for ATI by listing it as a “Outperform.” The predicted price for ATI in the upcoming period, according to Cowen is $23 based on the research report published on January 11th of the current year 2022.
Berenberg, on the other hand, stated in their research note that they expect to see ATI reach a price target of $25. The rating they have provided for ATI stocks is “Buy” according to the report published on January 07th, 2022.
Wolfe Research gave a rating of “Peer Perform” to ATI, setting the target price at $18 in the report published on November 17th of the previous year.
ATI Trading at 13.17% from the 50-Day Moving Average
After a stumble in the market that brought ATI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -10.87% of loss for the given period.
Volatility was left at 4.45%, however, over the last 30 days, the volatility rate increased by 4.32%, as shares surge +26.97% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.66% upper at present.
During the last 5 trading sessions, ATI rose by +10.80%, which changed the moving average for the period of 200-days by +64.27% in comparison to the 20-day moving average, which settled at $23.81. In addition, ATI Inc. saw 72.00% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at ATI starting from Schwartz Karl D, who sale 2,000 shares at the price of $25.00 back on Jul 28. After this action, Schwartz Karl D now owns 64,833 shares of ATI Inc., valued at $50,000 using the latest closing price.
DIGGS JAMES C, the Director of ATI Inc., sale 12,500 shares at $24.00 during a trade that took place back on Jul 19, which means that DIGGS JAMES C is holding 46,060 shares at $300,000 based on the most recent closing price.
Stock Fundamentals for ATI
Current profitability levels for the company are sitting at:
- +3.46 for the present operating margin
- +11.56 for the gross margin
The net margin for ATI Inc. stands at -1.36. Equity return is now at value 0.10, with 0.00 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 2.69.