The stock of Atlas Mara Ltd (LON:ATMA) is a huge mover today! The stock decreased 3.70% or GBX 0.1 on November 7, hitting GBX 2.6. About 32,947 shares traded hands or 71.45% up from the average. Atlas Mara Ltd (LON:ATMA) has declined 47.48% since April 7, 2016 and is downtrending. It has underperformed by 49.44% the S&P500.
The move comes after 8 months negative chart setup for the GBX 181.51M company. It was reported on Nov, 7 by Barchart.com. We have GBX 2.24 PT which if reached, will make LON:ATMA worth GBX 25.41M less.
More notable recent Atlas Mara Ltd (LON:ATMA) news were published by: Bloomberg.com which released: “Diamond’s Atlas Mara Plans Job Cuts as Expenses Erode Income” on August 24, 2016, also Wsj.com with their article: “Bob Diamond’s Atlas Mara Posts $6.7 Million Loss” published on May 26, 2016, Bloomberg.com published: “Atlas Mara Drops to Record Low as Analyst Slashes Profit Targets” on August 18, 2016. More interesting news about Atlas Mara Ltd (LON:ATMA) were released by: Bloomberg.com and their article: “Diamond’s Atlas Mara’s Profit Drops 44% on Currency Impact” published on October 25, 2016 as well as Wsj.com‘s news article titled: “Bob Diamond’s Atlas Mara May Combine With Barclays Africa” with publication date: April 26, 2016.
Atlas Mara Limited is a financial services company. The company has a market cap of 181.51 million GBP. The Firm operates through four divisions: Southern Africa, East Africa, West Africa and Corporate. It has a 22.58 P/E ratio. The Company’s Southern Africa segment includes the activities of BancABC, excluding Tanzania, as well as BancABC’s holding company, ABC Holdings Limited and various affiliated non-bank Group entities.
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