Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Atlanticus Holdings Corp before investing.

In this article, we go over a few key elements for understanding Atlanticus Holdings Corp’s stock price such as:

• Atlanticus Holdings Corp’s current stock price and volume
• Why Atlanticus Holdings Corp’s stock price changed recently
• Upgrades and downgrades for ATLC from analysts
• ATLC’s stock price momentum as measured by its relative strength

About Atlanticus Holdings Corp (ATLC)

Before we jump into Atlanticus Holdings Corp’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Atlanticus Holdings Corporation is a financial technology company. It is engaged in providing products and services to lenders in the United States. The Company’s Credit as a Service (CaaS) segment provides private label credit and general-purpose credit cards originated by lenders through multiple channels, including retail and healthcare, direct mail solicitation, digital marketing and partnerships with third parties. Its flexible technology solutions allow its bank partners to integrate its paperless process and instant decisioning platform with the existing infrastructure of participating retailers, healthcare providers and other service providers. Within its Auto Finance segment, its CAR subsidiary operations principally purchase and/or service loans secured by automobiles from or for, and also provide floor-plan financing for, a pre-qualified network of independent automotive dealers and automotive finance companies in the buy-here, pay-here used car business.

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Atlanticus Holdings Corp’s Stock Price as of Market Close

As of July 02, 2024, 4:00 PM, CST, Atlanticus Holdings Corp’s stock price was $30.10.

Atlanticus Holdings Corp is up 5.54% from its previous closing price of $28.52.

During the last market session, Atlanticus Holdings Corp’s stock traded between $27.68 and $28.70. Currently, there are 14.67 million shares of Atlanticus Holdings Corp stock available for purchase.

Atlanticus Holdings Corp’s price-earnings (P/E) ratio is currently at 6.7, which is low compared to the Consumer Lending industry median of 9.7. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Atlanticus Holdings Corp Stock Price History

Atlanticus Holdings Corp’s (ATLC) price is currently up 6.81% so far this month.

During the month of July, Atlanticus Holdings Corp’s stock price has reached a high of $30.18 and a low of $27.68.

Over the last year, Atlanticus Holdings Corp has hit prices as high as $43.59 and as low as $23.10. Year to date, Atlanticus Holdings Corp’s stock is up 14.89%.

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What Caused Atlanticus Holdings Corp Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of July 01, 2024, there was 1 analyst who downgraded Atlanticus Holdings Corp’s stock and 3 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Atlanticus Holdings Corp’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Atlanticus Holdings Corp’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Atlanticus Holdings Corp’s current valuation based on AAII’s Value Grade is a B, which means it is considered to be Value.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Atlanticus Holdings Corp (ATLC) by visiting AAII Stock Evaluator.

Relative Price Strength of Atlanticus Holdings Corp

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of July 01, 2024, Atlanticus Holdings Corp has a weighted four-quarter relative price strength of -10.67%, which translates to a Momentum Score of 33 and is considered to be Weak.

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Atlanticus Holdings Corp Stock Price: Bottom Line

As of July 2, 2024, Atlanticus Holdings Corp’s stock price is $30.10, which is up 5.54% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Atlanticus Holdings Corp stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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