On Friday, ACM Research Inc (NASDAQ: ACMR) was -8.78% down from the session before settling in for the closing price of $27.41. A 52-week range for ACMR has been $8.75 – $34.40.
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Annual sales at Technology sector company grew by 49.74% over the past five years. When this article was written, the company’s average yearly earnings per share was at -13.15%. With a float of $46.05 million, this company’s outstanding shares have now reached $56.04 million.
Let’s look at the performance matrix of the company that is accounted for 1590 employees.
ACM Research Inc (ACMR) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward ACM Research Inc stocks. The insider ownership of ACM Research Inc is 24.63%, while institutional ownership is 53.84%. The most recent insider transaction that took place on Mar 14 ’24, was worth 2,405,050. In this transaction an insider of this company sold 87,089 shares at a rate of $27.62, taking the stock ownership to the 504,018 shares. Before that another transaction happened on Mar 14 ’24, when Company’s Director sold 19,434 for $27.70, making the entire transaction worth $538,376. This insider now owns 855,090 shares in total.
ACM Research Inc (ACMR) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 8.97 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -13.15% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 42.74% during the next five years compared to 56.93% growth over the previous five years of trading.
ACM Research Inc (NASDAQ: ACMR) Trading Performance Indicators
You can see what ACM Research Inc (ACMR) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.26. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.74.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.16, a number that is poised to hit 0.33 in the next quarter and is forecasted to reach 1.86 in one year’s time.
Technical Analysis of ACM Research Inc (ACMR)
ACM Research Inc (NASDAQ: ACMR) saw its 5-day average volume 1.19 million, a negative change from its year-to-date volume of 1.68 million. As of the previous 9 days, the stock’s Stochastic %D was 7.52%. Additionally, its Average True Range was 2.00.
During the past 100 days, ACM Research Inc’s (ACMR) raw stochastic average was set at 49.81%, which indicates a significant increase from 5.62% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 59.70% in the past 14 days, which was lower than the 86.10% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $26.94, while its 200-day Moving Average is $19.23. Nevertheless, the first resistance level for the watch stands at $26.64 in the near term. At $28.28, the stock is likely to face the second major resistance level. The third major resistance level sits at $29.35. If the price goes on to break the first support level at $23.93, it is likely to go to the next support level at $22.86. Assuming the price breaks the second support level, the third support level stands at $21.22.
ACM Research Inc (NASDAQ: ACMR) Key Stats
There are 56,073K outstanding shares of the company, which has a market capitalization of 1.53 billion. As of now, sales total 557,720 K while income totals 77,350 K. Its latest quarter income was 170,320 K while its last quarter net income were 17,700 K.
