Should You Buy Atento SA (ATTO) Stock After it Has Risen 6.04% in a Week?

Tuesday, March 21, 2023 01:00 PM | InvestorsObserver Analysts

Mentioned in this article

Should You Buy Atento SA (ATTO) Stock After it Has Risen 6.04% in a Week?

Atento SA (ATTO) stock has risen 6.04% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

Atento SA has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on ATTO!

See Full ATTO Report

What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With ATTO Stock Today?

Atento SA (ATTO) stock is trading at $1.93 as of 12:23 PM on Tuesday, Mar 21, an increase of $0.23, or 13.53% from the previous closing price of $1.70. The stock has traded between $1.73 and $1.94 so far today. Volume today is low. So far 14,616 shares have traded compared to average volume of 24,786 shares.

More About Atento SA

Atento S.A is a provider of customer relationship management (CRM) and business process outsourcing (BPO) services & solutions in Latin America. It offers a range of front and back-end services, including sales, customer care, collections, back-office, and technical support services. Atento provides its services and solutions through digital channels, which include SMS, email, chats, social media and apps, and others, as well as through voice and in-person. Its geographical segments are Brazil, America, and EMEA (Europe, the Middle East, and Africa). Click Here to get the full Stock Report for Atento SA stock.