Does Atlas Mara Ltd Have Any Gas After Today’s Huge Decline?

 Does Atlas Mara Ltd Have Any Gas After Today's Huge Decline?

The stock of Atlas Mara Ltd (LON:ATMA) is a huge mover today! The stock closed at GBX 2.35 during the last session. It is down 45.48% since April 29, 2016 and is downtrending. It has underperformed by 50.70% the S&P500.
The move comes after 5 months negative chart setup for the GBX 164.06M company. It was reported on Nov, 30 by Barchart.com. We have GBX 2.16 PT which if reached, will make LON:ATMA worth GBX 13.12M 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 Snared in Nigerian Banking Rout” published on July 13, 2016 as well as Bloomberg.com‘s news article titled: “Atlas Mara Target Crane Is Taken Over by Uganda Central Bank” with publication date: October 20, 2016.

Atlas Mara Limited is a financial services company. The company has a market cap of 164.06 million GBP. The Firm operates through four divisions: Southern Africa, East Africa, West Africa and Corporate. It has a 20.41 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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