The stock has a 36-month beta value of 1.28. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for ATOM is 25.58M, and at present, short sellers hold a 19.06% of that float. On April 10, 2024, the average trading volume of ATOM was 229.51K shares.
ATOM) stock’s latest price update
The stock price of Atomera Inc (NASDAQ: ATOM) has jumped by 9.08 compared to previous close of 6.06. Despite this, the company has seen a gain of 8.01% in its stock price over the last five trading days. InvestorPlace reported 2024-03-06 that Hypergrowth stocks are some of the most captivating, yet perilous, investments out there. On one hand, companies experiencing hypergrowth can deliver enormous returns for early investors.
ATOM’s Market Performance
Atomera Inc (ATOM) has experienced a 8.01% rise in stock performance for the past week, with a -1.20% drop in the past month, and a 0.00% drop in the past quarter. The volatility ratio for the week is 7.22%, and the volatility levels for the past 30 days are at 5.54% for ATOM. The simple moving average for the past 20 days is 7.55% for ATOM’s stock, with a -4.19% simple moving average for the past 200 days.
Analysts’ Opinion of ATOM
Many brokerage firms have already submitted their reports for ATOM stocks, with Craig Hallum repeating the rating for ATOM by listing it as a “Buy.” The predicted price for ATOM in the upcoming period, according to Craig Hallum is $28 based on the research report published on June 09, 2021 of the previous year 2021.
ATOM Trading at -2.58% from the 50-Day Moving Average
After a stumble in the market that brought ATOM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -38.34% of loss for the given period.
Volatility was left at 5.54%, however, over the last 30 days, the volatility rate increased by 7.22%, as shares surge +1.07% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -15.69% lower at present.
During the last 5 trading sessions, ATOM rose by +8.01%, which changed the moving average for the period of 200-days by -19.09% in comparison to the 20-day moving average, which settled at $6.15. In addition, Atomera Inc saw -5.71% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ATOM starting from Mears Robert J, who sale 3,294 shares at the price of $6.83 back on Mar 04 ’24. After this action, Mears Robert J now owns 138,730 shares of Atomera Inc, valued at $22,498 using the latest closing price.
BIBAUD SCOTT A., the CEO and President of Atomera Inc, sale 8,027 shares at $6.20 during a trade that took place back on Mar 01 ’24, which means that BIBAUD SCOTT A. is holding 346,810 shares at $49,767 based on the most recent closing price.
Stock Fundamentals for ATOM
Current profitability levels for the company are sitting at:
- -37.59 for the present operating margin
- -0.09 for the gross margin
The net margin for Atomera Inc stands at -35.62. The total capital return value is set at -1.02. Equity return is now at value -102.85, with -77.98 for asset returns.
Based on Atomera Inc (ATOM), the company’s capital structure generated 0.17 points at debt to capital in total, while cash flow to debt ratio is standing at -4.0. The debt to equity ratio resting at 0.2. The interest coverage ratio of the stock is -106.58.
Currently, EBITDA for the company is -19.24 million with net debt to EBITDA at 0.47. When we switch over and look at the enterprise to sales, we see a ratio of 306.96. The receivables turnover for the company is 0.87for trailing twelve months and the total asset turnover is 0.02. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.35.
Conclusion
To sum up, Atomera Inc (ATOM) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
