The stock of ACM Research Inc (ACMR) has seen a 7.47% increase in the past week, with a -12.14% drop in the past month, and a -24.09% decrease in the past quarter. The volatility ratio for the week is 3.73%, and the volatility levels for the past 30 days are at 4.14% for ACMR.. The simple moving average for the past 20 days is 1.14% for ACMR’s stock, with a -21.05% simple moving average for the past 200 days.
Is It Worth Investing in ACM Research Inc (NASDAQ: ACMR) Right Now?
ACM Research Inc (NASDAQ: ACMR) has a price-to-earnings ratio that is above its average at 13.90x. The stock has a 36-month beta value of 1.52. Opinions on the stock are mixed, with 2 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for ACMR is 47.55M, and at present, short sellers hold a 9.67% of that float. On September 20, 2024, the average trading volume of ACMR was 1.26M shares.
ACMR) stock’s latest price update
The stock of ACM Research Inc (NASDAQ: ACMR) has increased by 5.72 when compared to last closing price of 16.53.Despite this, the company has seen a gain of 7.47% in its stock price over the last five trading days. seekingalpha.com reported 2024-09-13 that ACM Research’s proprietary technologies, SAPS and TEBO, offer superior cleaning efficiency, positioning it well in the booming semiconductor industry. Strong financial performance with a 40% YoY revenue increase and raised FY 2024 guidance to $695-$735 million, reflecting robust growth. Strategic international expansion, particularly into U.S. and European markets, diversifies revenue streams and reduces dependency on China.
Analysts’ Opinion of ACMR
Many brokerage firms have already submitted their reports for ACMR stocks, with Goldman repeating the rating for ACMR by listing it as a “Buy.” The predicted price for ACMR in the upcoming period, according to Goldman is $39 based on the research report published on February 29, 2024 of the current year 2024.
Jefferies, on the other hand, stated in their research note that they expect to see ACMR reach a price target of $23.40, previously predicting the price at $9. The rating they have provided for ACMR stocks is “Buy” according to the report published on July 03rd, 2023.
ACMR Trading at -7.09% from the 50-Day Moving Average
After a stumble in the market that brought ACMR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -49.20% of loss for the given period.
Volatility was left at 4.14%, however, over the last 30 days, the volatility rate increased by 3.73%, as shares sank -12.34% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -26.80% lower at present.
During the last 5 trading sessions, ACMR rose by +7.50%, which changed the moving average for the period of 200-days by +3.68% in comparison to the 20-day moving average, which settled at $17.15. In addition, ACM Research Inc saw -10.57% 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 ACMR starting from Dun Haiping, who sale 19,097 shares at the price of $18.08 back on Aug 29 ’24. After this action, Dun Haiping now owns 755,090 shares of ACM Research Inc, valued at $345,274 using the latest closing price.
HAIPING DUN, the Director of ACM Research Inc, proposed sale 19,097 shares at $18.08 during a trade that took place back on Aug 29 ’24, which means that HAIPING DUN is holding shares at $345,278 based on the most recent closing price.
Stock Fundamentals for ACMR
Current profitability levels for the company are sitting at:
- 0.17 for the present operating margin
- 0.5 for the gross margin
The net margin for ACM Research Inc stands at 0.12. The total capital return value is set at 0.11. Equity return is now at value 11.15, with 5.70 for asset returns.
Based on ACM Research Inc (ACMR), the company’s capital structure generated 0.15 points at debt to capital in total, while cash flow to debt ratio is standing at -0.03. The debt to equity ratio resting at 0.18. The interest coverage ratio of the stock is 39.11.
Currently, EBITDA for the company is 103.93 million with net debt to EBITDA at -1.38. When we switch over and look at the enterprise to sales, we see a ratio of 1.32. The receivables turnover for the company is 1.98for trailing twelve months and the total asset turnover is 0.42. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.29.
Conclusion
To sum up, ACM Research Inc (ACMR) 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.
