A new trading day began on Tuesday, with ACM Research Inc (NASDAQ: ACMR) stock price down -1.97% from the previous day of trading, before settling in for the closing price of $20.29. ACMR’s price has ranged from $12.53 to $34.40 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 49.74%. Meanwhile, its annual earnings per share averaged -1.05%. With a float of $47.54 million, this company’s outstanding shares have now reached $56.04 million.
Considering the fact that the conglomerate employs 1590 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 49.53%, operating margin of 17.21%, and the pretax margin is 18.79%.
ACM Research Inc (ACMR) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Semiconductor Equipment & Materials Industry. The insider ownership of ACM Research Inc is 23.90%, while institutional ownership is 55.42%. The most recent insider transaction that took place on Jun 11 ’24, was worth 690,576. In this transaction an insider of this company sold 30,000 shares at a rate of $23.02, taking the stock ownership to the 253,158 shares. Before that another transaction happened on Jun 10 ’24, when Company’s See remarks sold 30,000 for $22.07, making the entire transaction worth $662,100. This insider now owns 253,158 shares in total.
ACM Research Inc (ACMR) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -1.05% 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
Here are ACM Research Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.26. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.79.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.26, a number that is poised to hit 0.38 in the next quarter and is forecasted to reach 1.86 in one year’s time.
Technical Analysis of ACM Research Inc (ACMR)
Compared to the last year’s volume of 1.5 million, its volume of 0.96 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 87.46%. Additionally, its Average True Range was 1.23.
During the past 100 days, ACM Research Inc’s (ACMR) raw stochastic average was set at 30.58%, which indicates a significant decrease from 90.84% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 93.54% in the past 14 days, which was higher than the 68.23% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $21.19, while its 200-day Moving Average is $22.10. Nevertheless, the first resistance level for the watch stands at $20.29 in the near term. At $20.68, the stock is likely to face the second major resistance level. The third major resistance level sits at $21.02. If the price goes on to break the first support level at $19.55, it is likely to go to the next support level at $19.21. Should the price break the second support level, the third support level stands at $18.82.
ACM Research Inc (NASDAQ: ACMR) Key Stats
With a market capitalization of 1.24 billion, the company has a total of 56,987K Shares Outstanding. Currently, annual sales are 557,720 K while annual income is 77,350 K. The company’s previous quarter sales were 202,480 K while its latest quarter income was 24,210 K.
