On Friday, ACM Research Inc (NASDAQ: ACMR) opened higher 5.60% from the last session, before settling in for the closing price of $14.10. Price fluctuations for ACMR have ranged from $13.87 to $34.40 over the past 52 weeks.
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 Technology sector has jumped its sales by 49.74% annually for the last half of the decade. Company’s average yearly earnings per share was noted 11.13% at the time writing. With a float of $48.69 million, this company’s outstanding shares have now reached $57.52 million.
In an organization with 1590 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 49.36%, operating margin of 17.89%, and the pretax margin is 19.38%.
ACM Research Inc (ACMR) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Semiconductor Equipment & Materials industry is another important factor to consider. The insider ownership of ACM Research Inc is 22.38%, while institutional ownership is 53.57%. The most recent insider transaction that took place on Nov 29 ’24, was worth 332,181. In this transaction Director of this company sold 19,058 shares at a rate of $17.43, taking the stock ownership to the 755,090 shares. Before that another transaction happened on Nov 29 ’24, when Company’s insider sold 56,250 for $17.44, making the entire transaction worth $981,000. This insider now owns 598,006 shares in total.
ACM Research Inc (ACMR) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.29 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 11.13% 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
Check out the current performance indicators for ACM Research Inc (ACMR). In the past quarter, the stock posted a quick ratio of 1.34. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.35.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.33, a number that is poised to hit 0.35 in the next quarter and is forecasted to reach 1.88 in one year’s time.
Technical Analysis of ACM Research Inc (ACMR)
Let’s dig in a bit further. During the last 5-days, its volume was 3.47 million. That was better than the volume of 1.47 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 16.82%. Additionally, its Average True Range was 1.05.
During the past 100 days, ACM Research Inc’s (ACMR) raw stochastic average was set at 8.19%, which indicates a significant decrease from 17.77% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 86.09% in the past 14 days, which was higher than the 75.23% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $19.01, while its 200-day Moving Average is $22.24. However, in the short run, ACM Research Inc’s stock first resistance to watch stands at $15.25. Second resistance stands at $15.60. The third major resistance level sits at $16.12. If the price goes on to break the first support level at $14.38, it is likely to go to the next support level at $13.86. The third support level lies at $13.51 if the price breaches the second support level.
ACM Research Inc (NASDAQ: ACMR) Key Stats
There are currently 57,606K shares outstanding in the company with a market cap of 984.78 million. Presently, the company’s annual sales total 557,720 K according to its annual income of 77,350 K. Last quarter, the company’s sales amounted to 203,980 K and its income totaled 30,900 K.