Could Atlas Mara Ltd Crash Even More? The Stock Had Another Big Decline Today

 Could Atlas Mara Ltd Crash Even More? The Stock Had Another Big Decline Today

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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