2.16% volatility in Atmus Filtration Technologies Inc (ATMU) last month: This is a red flag warning

On Tuesday, Atmus Filtration Technologies Inc (NYSE: ATMU) was 1.62% up from the session before settling in for the closing price of $38.87. A 52-week range for ATMU has been $18.73 – $40.29.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

A company in the Industrials sector has jumped its sales by 9.84% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 1.09%. 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 Updates

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Atmus Filtration Technologies Inc stocks. The insider ownership of Atmus Filtration Technologies Inc is 0.56%, while institutional ownership is 107.00%. 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) Performance Highlights and Predictions

According to the Wall Street analysts, stocks earnings will be around 1.09% per share during the next fiscal year.

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

You can see what Atmus Filtration Technologies Inc (ATMU) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.30. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.99. Likewise, its price to free cash flow for the trailing twelve months is 50.04.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.09, a number that is poised to hit 0.52 in the next quarter and is forecasted to reach 2.46 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 0.65 million. That was inferior than the volume of 1.86 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 48.57%. Additionally, its Average True Range was 0.89.

During the past 100 days, Atmus Filtration Technologies Inc’s (ATMU) raw stochastic average was set at 93.76%, which indicates a significant increase from 65.35% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.36% in the past 14 days, which was lower than the 29.57% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $37.24, while its 200-day Moving Average is $30.78. However, in the short run, Atmus Filtration Technologies Inc’s stock first resistance to watch stands at $39.92. Second resistance stands at $40.35. The third major resistance level sits at $40.90. If the price goes on to break the first support level at $38.94, it is likely to go to the next support level at $38.39. Assuming the price breaks the second support level, the third support level stands at $37.96.

Atmus Filtration Technologies Inc (NYSE: ATMU) Key Stats

There are 83,359K outstanding shares of the company, which has a market capitalization of 3.29 billion. As of now, sales total 1,628 M while income totals 171,300 K. Its latest quarter income was 432,600 K while its last quarter net income were 56,200 K.