ATLANTIA SPA/ADR (OTCMKTS:ATASY) Cut to “Hold” at Zacks Investment Research

Zacks Investment Research cut shares of ATLANTIA SPA/ADR (OTCMKTS:ATASY) from a strong-buy rating to a hold rating in a research note released on Tuesday morning, Zacks.com reports.

According to Zacks, “Atlantia S.p.A. is a holding company with responsibility for portfolio strategies in the transport and communications infrastructures and network sectors. The company builds and operates toll motorways in Italy and internationally. Atlantia is based in Roma, Italy. “

Separately, ValuEngine cut shares of ATLANTIA SPA/ADR from a sell rating to a strong sell rating in a report on Friday, November 1st.

OTCMKTS ATASY traded up $0.05 during midday trading on Tuesday, hitting $12.48. The company had a trading volume of 14,826 shares, compared to its average volume of 24,378. The stock has a market cap of $20.55 billion, a price-to-earnings ratio of 21.52 and a beta of 0.38. ATLANTIA SPA/ADR has a fifty-two week low of $9.89 and a fifty-two week high of $14.00. The company has a quick ratio of 0.92, a current ratio of 0.93 and a debt-to-equity ratio of 2.59. The firm has a fifty day simple moving average of $12.04 and a two-hundred day simple moving average of $12.69.

ATLANTIA SPA/ADR Company Profile

Atlantia S.p.A., through its subsidiaries, engages in the construction and operation of motorways, airports and transport infrastructure, parking areas, and intermodal systems worldwide. It operates 14,000 kilometers of toll motorways in Italy and France. The company manages, maintains, constructs, and widens related motorways operated under concession; and provides support for the Italian motorway operators.

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