The stock of Atomera Inc (ATOM) has gone down by -9.71% for the week, with a -19.97% drop in the past month and a -41.45% drop in the past quarter. The volatility ratio for the week is 14.70%, and the volatility levels for the past 30 days are 8.24% for ATOM. The simple moving average for the past 20 days is -16.39% for ATOM’s stock, with a -26.63% simple moving average for the past 200 days.
Is It Worth Investing in Atomera Inc (NASDAQ: ATOM) Right Now?
ATOM has 36-month beta value of 1.34. 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 30, 2024 was 235.86K shares.
ATOM) stock’s latest price update
Atomera Inc (NASDAQ: ATOM)’s stock price has soared by 10.79 in relation to previous closing price of 4.45. Nevertheless, the company has seen a loss of -9.71% in its stock price over the last five trading days. Seeking Alpha reported 2024-04-25 that Atomera Incorporated (NASDAQ:ATOM ) Q1 2024 Earnings Conference Call April 25, 2024 5:00 PM ET Company Participants Mike Bishop – Investor Relations Scott Bibaud – President and Chief Executive Officer Frank Laurencio – Chief Financial Officer Conference Call Participants Richard Shannon – Craig-Hallum Mike Bishop Hello, everyone and welcome to Atomera’s First Quarter Fiscal Year 2024 Update Call. I’d like to remind everyone that this call and webinar are being recorded, and a replay will be available on Atomera’s IR website for 1 year.
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 -20.20% 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 -54.01% of loss for the given period.
Volatility was left at 8.24%, however, over the last 30 days, the volatility rate increased by 14.70%, as shares sank -21.37% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -30.47% lower at present.
During the last 5 trading sessions, ATOM fell by -9.71%, which changed the moving average for the period of 200-days by -47.05% in comparison to the 20-day moving average, which settled at $5.83. In addition, Atomera Inc saw -29.67% 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 LE DUY LOAN T, who purchase 5,000 shares at the price of $4.60 back on Apr 29 ’24. After this action, LE DUY LOAN T now owns 83,958 shares of Atomera Inc, valued at $22,989 using the latest closing price.
SHEVICK STEVEN K, the Director of Atomera Inc, purchase 2,200 shares at $4.66 during a trade that took place back on Apr 29 ’24, which means that SHEVICK STEVEN K is holding 2,200 shares at $10,252 based on the most recent closing price.
Stock Fundamentals for ATOM
Current profitability levels for the company are sitting at:
- -36.17 for the present operating margin
- -0.02 for the gross margin
The net margin for Atomera Inc stands at -34.49. The total capital return value is set at -1.03. Equity return is now at value -112.15, with -86.95 for asset returns.
Based on Atomera Inc (ATOM), the company’s capital structure generated 0.08 points at debt to capital in total, while cash flow to debt ratio is standing at -8.99. The debt to equity ratio resting at 0.09. The interest coverage ratio of the stock is -114.13.
Currently, EBITDA for the company is -19.24 million with net debt to EBITDA at 0.61. When we switch over and look at the enterprise to sales, we see a ratio of 213.09. The receivables turnover for the company is 7.78for 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 6.78.
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.
