Atomera Inc (NASDAQ: ATOM) on Friday, plunged -5.22% from the previous trading day, before settling in for the closing price of $4.02. Within the past 52 weeks, ATOM’s price has moved between $3.60 and $9.39.
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A company in the Technology sector has jumped its sales by 122.59% annually for the last half of the decade. The company achieved an average annual earnings per share of 25.00%. With a float of $25.52 million, this company’s outstanding shares have now reached $26.11 million.
In an organization with 21 employees, it is important to assess its efficiency.
Atomera Inc (ATOM) Insider and Institutional Ownership
Observing investor behavior towards Semiconductor Equipment & Materials industry stocks is more important than anything else. The insider ownership of Atomera Inc is 5.08%, while institutional ownership is 30.72%. The most recent insider transaction that took place on Jun 04 ’24, was worth 6,375. In this transaction Chief Technology Officer of this company sold 1,578 shares at a rate of $4.04, taking the stock ownership to the 134,963 shares. Before that another transaction happened on Jun 03 ’24, when Company’s CEO and President sold 5,174 for $4.13, making the entire transaction worth $21,369. This insider now owns 343,883 shares in total.
Atomera Inc (ATOM) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 25.00% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 20.00% during the next five years compared to 4.74% growth over the previous five years of trading.
Atomera Inc (NASDAQ: ATOM) Trading Performance Indicators
Atomera Inc (ATOM) is currently performing well based on its current performance indicators. A quick ratio of 6.78 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 179.74.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.77, a number that is poised to hit -0.15 in the next quarter and is forecasted to reach -0.35 in one year’s time.
Technical Analysis of Atomera Inc (ATOM)
Let’s dig in a bit further. During the last 5-days, its volume was 0.72 million. That was better than the volume of 0.26 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 60.32%. Additionally, its Average True Range was 0.26.
During the past 100 days, Atomera Inc’s (ATOM) raw stochastic average was set at 3.76%, which indicates a significant decrease from 42.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 51.51% in the past 14 days, which was lower than the 72.95% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.34, while its 200-day Moving Average is $6.06. However, in the short run, Atomera Inc’s stock first resistance to watch stands at $4.03. Second resistance stands at $4.24. The third major resistance level sits at $4.46. If the price goes on to break the first support level at $3.60, it is likely to go to the next support level at $3.38. The third support level lies at $3.17 if the price breaches the second support level.
Atomera Inc (NASDAQ: ATOM) Key Stats
Market capitalization of the company is 102.45 million based on 26,887K outstanding shares. Right now, sales total 550 K and income totals -19,790 K. The company made 20 K in profit during its latest quarter, and -4,820 K in sales during its previous quarter.
