The stock of AtlasClear Holdings Inc (ATCH) has seen a -18.14% decrease in the past week, with a -20.31% drop in the past month, and a -9.18% decrease in the past quarter. The volatility ratio for the week is 15.49%, and the volatility levels for the past 30 days are at 13.58% for ATCH. The simple moving average for the last 20 days is -15.11% for ATCH stock, with a simple moving average of -72.81% for the last 200 days.
Is It Worth Investing in AtlasClear Holdings Inc (AMEX: ATCH) Right Now?
Company’s 36-month beta value is -0.15.
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The public float for ATCH is 12.50M, and currently, short sellers hold a 8.97% ratio of that floaft. The average trading volume of ATCH on December 20, 2024 was 10.57M shares.
ATCH) stock’s latest price update
The stock of AtlasClear Holdings Inc (AMEX: ATCH) has decreased by -7.59 when compared to last closing price of 0.19. Despite this, the company has experienced a -18.14% fall in its stock price over the last five trading sessions. businesswire.com reported 2024-12-16 that TAMPA, Fla.–(BUSINESS WIRE)–AtlasClear Holdings, Inc. (“AtlasClear Holdings”) (NYSE: ATCH) is excited to announce the hiring of Jeff Sime as the new Chief Executive Officer of its wholly-owned subsidiary, Wilson-Davis & Co., Inc. (“Wilson-Davis”), effective December 16, 2024. This significant hiring highlights AtlasClear Holdings’ commitment to identifying and acquiring experienced leadership as they work towards the goal of revolutionizing the financial sector for the small institution s.
ATCH Trading at -9.16% from the 50-Day Moving Average
After a stumble in the market that brought ATCH to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -98.24% of loss for the given period.
Volatility was left at 13.58%, however, over the last 30 days, the volatility rate increased by 15.49%, as shares sank -23.62% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -17.28% lower at present.
During the last 5 trading sessions, ATCH fell by -19.91%, which changed the moving average for the period of 200-days by -89.57% in comparison to the 20-day moving average, which settled at $0.2120. In addition, AtlasClear Holdings Inc saw -97.10% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for ATCH
Current profitability levels for the company are sitting at:
- -2.31 for the present operating margin
- 0.5 for the gross margin
The net margin for AtlasClear Holdings Inc stands at -16.03. The total capital return value is set at -0.83. Equity return is now at value -2165.63, with -206.89 for asset returns.
Based on AtlasClear Holdings Inc (ATCH), the company’s capital structure generated 5.23 points at debt to capital in total, while cash flow to debt ratio is standing at -0.4. The debt to equity ratio resting at -1.24. The interest coverage ratio of the stock is -3.0.
Currently, EBITDA for the company is 1.52 million with net debt to EBITDA at -0.21. When we switch over and look at the enterprise to sales, we see a ratio of 3.88. The receivables turnover for the company is 2.94for trailing twelve months and the total asset turnover is 0.12. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.58.
Conclusion
In a nutshell, AtlasClear Holdings Inc (ATCH) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.
