ACM Research Inc (NASDAQ: ACMR) on Friday, soared 1.08% from the previous trading day, before settling in for the closing price of $19.00. Within the past 52 weeks, ACMR’s price has moved between $12.53 and $34.40.
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During the last 5-year period, the sales growth of Technology Sector giant was 49.74%. The company achieved an average annual earnings per share of -2.99%. With a float of $48.65 million, this company’s outstanding shares have now reached $56.04 million.
Let’s determine the extent of company efficiency that accounts for 1590 employees. 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) Breakdown of a Key Holders of the stock
Observing investor behavior towards Semiconductor Equipment & Materials industry stocks is more important than anything else. The insider ownership of ACM Research Inc is 22.12%, while institutional ownership is 54.36%. The most recent insider transaction that took place on Oct 04 ’24, was worth 14,989,026. In this transaction Possible member of 10% group of this company sold 700,000 shares at a rate of $21.41, taking the stock ownership to the 2,703,906 shares. Before that another transaction happened on Oct 07 ’24, when Company’s Possible member of 10% group sold 275,000 for $24.07, making the entire transaction worth $6,620,566. This insider now owns 2,428,906 shares in total.
ACM Research Inc (ACMR) Recent Fiscal highlights
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.57 earnings per share (EPS) for the period topping the consensus outlook (set at 0.34) by 0.23. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.34 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -2.99% 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 56.93% growth over the previous five years of trading.
ACM Research Inc (NASDAQ: ACMR) Trading Performance Indicators
ACM Research Inc (ACMR) is currently performing well based on its current performance indicators. A quick ratio of 1.26 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 1.73.
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 1.83 in one year’s time.
Technical Analysis of ACM Research Inc (ACMR)
Looking closely at ACM Research Inc (NASDAQ: ACMR), its last 5-days average volume was 1.34 million, which is a drop from its year-to-date volume of 1.47 million. As of the previous 9 days, the stock’s Stochastic %D was 9.01%. Additionally, its Average True Range was 1.37.
During the past 100 days, ACM Research Inc’s (ACMR) raw stochastic average was set at 40.82%, which indicates a significant increase from 10.11% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 95.99% in the past 14 days, which was higher than the 73.72% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $18.74, while its 200-day Moving Average is $22.34. However, in the short run, ACM Research Inc’s stock first resistance to watch stands at $19.93. Second resistance stands at $20.65. The third major resistance level sits at $21.06. If the price goes on to break the first support level at $18.81, it is likely to go to the next support level at $18.40. Now, if the price goes above the second support level, the third support stands at $17.68.
ACM Research Inc (NASDAQ: ACMR) Key Stats
Market capitalization of the company is 1.20 billion based on 56,987K outstanding shares. Right now, sales total 557,720 K and income totals 77,350 K. The company made 202,480 K in profit during its latest quarter, and 24,210 K in sales during its previous quarter.
