Zacks Investment Research upgraded Atkore International Group Inc (NASDAQ:ATKR) to Hold in a report released today.
- Updated: December 1, 2016
Just yesterday Atkore International Group Inc (NASDAQ:ATKR) traded -1.31% lower at $21.17. Atkore International Group Inc’s 50-day moving average is $19.97 and its 200-day moving average is $18.06. The last stock price is up 17.23% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.03% over the same time period. 224,628 shares of ATKR traded hands, up from an average trading volume of 169,884
Zacks Investment Research has upgraded Atkore International Group Inc (NASDAQ:ATKR) to Hold in a report released on Friday December 02, 2016.
Recent Performance Chart
Atkore International Group Inc has 52 week low of $14.17 and a 52 week high of $22.49 with a PE ratio of 82.05 and has a market capitalization of $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 5 brokerages have issued a ratings update on the company. The average stock price target is $20.00 with 0 brokerages rating the stock a strong buy, 0 brokerages rating the stock a buy, 0 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
Brief Synopsis On Atkore International Group Inc (NASDAQ:ATKR)
Atkore International Group Inc. is a manufacturer of electrical raceway products. The Company's products are primarily offered for non-residential construction and renovation markets, and mechanical products and solutions (MP&S) for the construction and industrial markets. The Company operates in two segments: Electrical Raceway and MP&S. Through the electrical raceway segment, it manufactures products that deploy, isolate and protect a structure's electrical circuitry from the original power source to the final outlet. The Company's electrical raceway segment products include electrical conduit, armored cable, cable trays, mounting systems and fittings. Through the MP&S segment, it provides products and services that frame, support and secure component parts in a range of structures, equipment and systems in electrical, industrial and construction applications. The Company's MP&S segment products include metal framing products and in-line galvanized mechanical tube.
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