On Tuesday, ACM Research Inc (NASDAQ: ACMR) was -2.05% drop from the session before settling in for the closing price of $18.56. A 52-week range for ACMR has been $12.95 – $34.40.
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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%. When this article was written, the company’s average yearly earnings per share was at -2.99%. With a float of $48.65 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
Also, it is sometimes useful to examine the sentiment of large-scale investors toward ACM Research Inc stocks. The insider ownership of ACM Research Inc is 22.12%, while institutional ownership is 53.92%. 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) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 0.57 earnings per share (EPS) during the time that was better than consensus figure (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
You can see what ACM Research Inc (ACMR) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.26. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.64.
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)
Compared to the last year’s volume of 1.45 million, its volume of 1.25 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 2.61%. Additionally, its Average True Range was 1.05.
During the past 100 days, ACM Research Inc’s (ACMR) raw stochastic average was set at 34.25%, which indicates a significant increase from 3.06% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 33.00% in the past 14 days, which was lower than the 70.35% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $18.65, while its 200-day Moving Average is $22.31. Nevertheless, the first resistance level for the watch stands at $18.81 in the near term. At $19.44, the stock is likely to face the second major resistance level. The third major resistance level sits at $19.79. If the price goes on to break the first support level at $17.83, it is likely to go to the next support level at $17.48. Should the price break the second support level, the third support level stands at $16.85.
ACM Research Inc (NASDAQ: ACMR) Key Stats
There are 57,449K outstanding shares of the company, which has a market capitalization of 1.14 billion. As of now, sales total 557,720 K while income totals 77,350 K. Its latest quarter income was 202,480 K while its last quarter net income were 24,210 K.
