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Atento SA (NYSE:ATTO) has been downgraded to Hold in a report by Zacks Investment Research today.

Yesterday Atento SA (NYSE:ATTO) traded 1.79% higher at $9.10. The company’s 50-day moving average is $9.18 and its 200-day moving average is $8.94. The last stock close price is up 1.84% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 10,634 shares of the stock were exchanged, down from an average trading volume of 25,269

Zacks Investment Research has downgraded Atento SA (NYSE:ATTO) to Hold in a statement released on 10/17/2016.

Previously on 10/4/2016, Zacks Investment Research reported about Atento SA (NYSE:ATTO) bumped up the target price from $0.00 to $9.75. At the time, this indicated a possible upside of 0.12%.

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Atento SA has PE ratio of 72.80 with a one year low of $6.77 and a one year high of $11.56 and has a total market value of $0.

A total of 7 analysts have reported on the stock. 1 brokerage rating the stock a strong buy, 5 brokerages rating the stock a buy, 1 broker rating the stock a hold, 0 brokers rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $11.87.

Brief Synopsis On Atento SA (NYSE:ATTO)

Atento S.A. is a provider of customer-relationship management and business-process outsourcing (CRM BPO) services and solutions in Latin America. The Company offers a portfolio of CRM BPO services, including customer care, sales, collections, back office and technical support. The Company operates through three segments: EMEA, Americas and Brazil. Its services and solutions are delivered across multiple channels including digital (short message service (SMS), e-mail, chats, social media and applications, among others) and voice, and are enabled by process design, technology and intelligence functions. The Company also has client relationships across a range of industries working in sectors, such as telecommunications, banking and financial services and multi-sector, which comprise the consumer goods, services, public administration, pay television, healthcare, transportation, technology and media industries.

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