At last check, shares of leading Infrastructure and Environmental solutions provider, Atlas Technical Consultants Inc. (ATCX) were trading higher by 11.23% at $10.00 in after-hours trading on Friday. In the regular trading session, ATCX stock finished at $8.99, down -3.02%. ATCX stock traded between $8.80 and $9.35. A total of 42330.0 shares of ATCX stock were traded, which was below its daily average of 0.12 million over 100 days. ATCX stock has fallen by -2.92% in the last five days, while it has lost -7.13% in the last month. At the moment, ATCX stock has a price-to-cash flow ratio of 13.04. Following the award of a significant contract, ATCX stock advanced.

What award has ATCX received?

Atlas is headquartered in Austin, Texas. ATCX offers services in Environmental (ENV), Testing, Inspection, and Certification (TIC), Engineering & Design (E&D), and Program, Construction, and Quality Management (PCQM). ATCX provides solutions for transportation, commercial, water, educational, and government clients under the name Atlas Technical Consultants. As a worldwide business with approximately 3,000 employees, ATCX assists clients with testing, inspecting, certifying, planning, designing, and managing a wide range of technical projects across diverse end markets.

Atlas Technical has received a $10 million contract from the Georgia Department of Transportation (Georgia DOT) for on-call maintenance engineering and inspection (MEI) services in its District One (Gainesville) region.

• As previously announced, ATCX has been awarded a three-year contract with an extension option of two years.
• In addition to management, administration, testing, inspection, and design, ATCX will provide these services “on call”.
• ATCX will provide services in Georgia DOT’s District One, which is comprised of 21 counties in the Northeast Georgia region.
• As part of maintenance projects, ATCX may also be required to resurface, rehab asphalt and concrete pavements, stripe, restore right-of-ways, mow, and replace guardrails.
• ATCX will also provide litter pickup, crack sealing, fence repair, sound wall repair, sweeping, and vegetation removal.
• ATCX is committed to creating a safe work environment for all who enter, operate in, or visit their facilities and work sites, just as Georgia DOT is.

How did ATCX Stock win the contract?

Atlas Technical (ATCX) has been a partner of Georgia DOT for more than a decade and continued to work with them on their maintenance and improvement programs through the current award. In addition to providing quality solutions, ATCX will maintain pace with technological advances that enhance the lives of citizens and communities within Georgia.