Atmus Filtration Technologies Inc (ATMU) is 10.85% away from 50-day simple Moving Average despite all headwinds

A new trading day began on Friday, with Atmus Filtration Technologies Inc (NYSE: ATMU) stock price up 0.71% from the previous day of trading, before settling in for the closing price of $35.08. ATMU’s price has ranged from $18.21 to $35.85 over the past 52 weeks.

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A company in the Industrials sector has jumped its sales by 9.84% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 0.82%. With a float of $82.89 million, this company’s outstanding shares have now reached $83.30 million.

In an organization with 4500 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 28.16%, operating margin of 15.41%, and the pretax margin is 13.67%.

Atmus Filtration Technologies Inc (ATMU) Insider and Institutional Ownership

As we move forward, let’s examine how large-scale investors are investing in this stock of the Pollution & Treatment Controls Industry. The insider ownership of Atmus Filtration Technologies Inc is 0.56%, while institutional ownership is 107.79%. The most recent insider transaction that took place on Aug 23 ’24, was worth 200,000. In this transaction Director of this company bought 5,849 shares at a rate of $34.20, taking the stock ownership to the 19,882 shares. Before that another transaction happened on Aug 07 ’24, when Company’s Director bought 8,250 for $31.56, making the entire transaction worth $260,370. This insider now owns 32,083 shares in total.

Atmus Filtration Technologies Inc (ATMU) Latest Financial update

According to the Wall Street analysts, stocks earnings will be around 0.82% per share during the next fiscal year.

Atmus Filtration Technologies Inc (NYSE: ATMU) Trading Performance Indicators

Here are Atmus Filtration Technologies Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.30. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.78. Likewise, its price to free cash flow for the trailing twelve months is 44.76.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.09, a number that is poised to hit 0.51 in the next quarter and is forecasted to reach 2.45 in one year’s time.

Technical Analysis of Atmus Filtration Technologies Inc (ATMU)

Let’s dig in a bit further. During the last 5-days, its volume was 1.21 million. That was inferior than the volume of 2.09 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 76.17%. Additionally, its Average True Range was 1.08.

During the past 100 days, Atmus Filtration Technologies Inc’s (ATMU) raw stochastic average was set at 93.68%, which indicates a significant increase from 84.34% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 39.73% in the past 14 days, which was higher than the 34.27% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $32.01, while its 200-day Moving Average is $27.97. However, in the short run, Atmus Filtration Technologies Inc’s stock first resistance to watch stands at $35.75. Second resistance stands at $36.16. The third major resistance level sits at $36.50. If the price goes on to break the first support level at $35.00, it is likely to go to the next support level at $34.66. The third support level lies at $34.25 if the price breaches the second support level.

Atmus Filtration Technologies Inc (NYSE: ATMU) Key Stats

With a market capitalization of 2.95 billion, the company has a total of 83,356K Shares Outstanding. Currently, annual sales are 1,628 M while annual income is 171,300 K. The company’s previous quarter sales were 432,600 K while its latest quarter income was 56,200 K.