ATOM has 36-month beta value of 1.29. Analysts have mixed views on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for ATOM is 25.60M, and currently, short sellers hold a 18.78% ratio of that float. The average trading volume of ATOM on April 26, 2024 was 232.05K shares.
ATOM) stock’s latest price update
The stock price of Atomera Inc (NASDAQ: ATOM) has dropped by -5.79 compared to previous close of 5.70. Despite this, the company has seen a fall of -6.61% in its stock price over the last five trading days. Accesswire reported 2024-04-15 that LOS GATOS, CA / ACCESSWIRE / April 15, 2024 / Atomera Incorporated (NASDAQ:ATOM), a semiconductor materials and technology licensing company, announced today that it plans to release its first quarter 2024 financial results after the market closes on Thursday, Apr. 25, 2024. The company will host a live video Zoom webinar at 2:00 p.m.
ATOM’s Market Performance
Atomera Inc (ATOM) has seen a -6.61% fall in stock performance for the week, with a -7.89% decline in the past month and a -32.20% plunge in the past quarter. The volatility ratio for the week is 5.38%, and the volatility levels for the past 30 days are at 5.97% for ATOM. The simple moving average for the past 20 days is -10.72% for ATOM’s stock, with a -20.53% 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 -14.63% 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 -49.91% of loss for the given period.
Volatility was left at 5.97%, however, over the last 30 days, the volatility rate increased by 5.38%, as shares sank -10.95% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -34.99% lower at present.
During the last 5 trading sessions, ATOM fell by -6.61%, which changed the moving average for the period of 200-days by -36.75% in comparison to the 20-day moving average, which settled at $5.98. In addition, Atomera Inc saw -23.40% 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 246.32. 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 put it simply, Atomera Inc (ATOM) has had a bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating 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.
