The stock price of ACM Research Inc (NASDAQ: ACMR) has surged by 0.75 when compared to previous closing price of 18.59, but the company has seen a -9.08% decline in its stock price over the last five trading sessions. zacks.com reported 2024-11-12 that ACM Research (ACMR) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock’s prospects.
Is It Worth Investing in ACM Research Inc (NASDAQ: ACMR) Right Now?
ACM Research Inc (NASDAQ: ACMR) has a higher price-to-earnings ratio of 14.12x compared to its average ratio. ACMR has 36-month beta value of 1.51. Analysts have mixed views on the stock, with 4 analysts rating it as a “buy,” 4 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for ACMR is 48.65M, and currently, short sellers hold a 9.36% ratio of that float. The average trading volume of ACMR on November 15, 2024 was 1.30M shares.
ACMR’s Market Performance
The stock of ACM Research Inc (ACMR) has seen a -9.08% decrease in the past week, with a -3.75% drop in the past month, and a -6.44% fall in the past quarter. The volatility ratio for the week is 4.53%, and the volatility levels for the past 30 days are at 4.97% for ACMR. The simple moving average for the last 20 days is -2.26% for ACMR stock, with a simple moving average of -16.03% for the last 200 days.
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 -0.83% 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 -45.55% of loss for the given period.
Volatility was left at 4.97%, however, over the last 30 days, the volatility rate increased by 4.53%, as shares sank -1.45% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +13.31% upper at present.
During the last 5 trading sessions, ACMR fell by -9.08%, which changed the moving average for the period of 200-days by +8.77% in comparison to the 20-day moving average, which settled at $19.16. In addition, ACM Research Inc saw -4.15% 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 Shanghai Science & Technology, who sale 700,000 shares at the price of $21.41 back on Oct 04 ’24. After this action, Shanghai Science & Technology now owns 2,703,906 shares of ACM Research Inc, valued at $14,989,026 using the latest closing price.
Shanghai Science & Technology, the Possible member of 10% group of ACM Research Inc, sale 275,000 shares at $24.07 during a trade that took place back on Oct 07 ’24, which means that Shanghai Science & Technology is holding 2,428,906 shares at $6,620,566 based on the most recent closing price.
Stock Fundamentals for ACMR
Current profitability levels for the company are sitting at:
- 0.18 for the present operating margin
- 0.49 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 11.16, with 5.63 for asset returns.
Based on ACM Research Inc (ACMR), the company’s capital structure generated 0.14 points at debt to capital in total, while cash flow to debt ratio is standing at 0.18. The debt to equity ratio resting at 0.16. The interest coverage ratio of the stock is 108.29.
Currently, EBITDA for the company is 103.93 million with net debt to EBITDA at -1.39. When we switch over and look at the enterprise to sales, we see a ratio of 1.35. The receivables turnover for the company is 1.7for trailing twelve months and the total asset turnover is 0.41. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.37.
Conclusion
To put it simply, ACM Research Inc (ACMR) 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.
