Atomera Incorporated [NASDAQ: ATOM] closed the trading session at $10.75 on 06/19/20. The day’s price range saw the stock hit a low of $9.85, while the highest price level was $10.93. The stocks have a year to date performance of 249.03 percent and weekly performance of 28.43 percent. The stock has been moved at 269.42 percent over the last six months. The stock has performed 43.72 percent around the most recent 30 days and changed 304.14 percent over the most recent 3-months.
If compared to the average trading volume of 250.12K shares, ATOM reached to a volume of 964667 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Atomera Incorporated [ATOM]:
ROTH Capital have made an estimate for Atomera Incorporated shares, keeping their opinion on the stock as Buy, with their previous recommendation back on October 18, 2018. The new note on the price target was released on June 22, 2018, representing the official price target for Atomera Incorporated stock.
The Average True Range (ATR) for Atomera Incorporated is set at 0.98, with the Price to Sales ratio for ATOM stock in the period of the last 12 months amounting to 399.47. The Price to Book ratio for the last quarter was 16.29, with the Price to Cash per share for the same quarter was set at 0.61.
ATOM stock trade performance evaluation
Atomera Incorporated [ATOM] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 28.43. With this latest performance, ATOM shares gained by 43.72% in over the last four-week period, additionally plugging by 269.42% over the last 6 months – not to mention a rise of 113.29% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ATOM stock in for the last two-week period is set at 73.35, with the RSI for the last a single of trading hit 76.16, and the three-weeks RSI is set at 71.50 for Atomera Incorporated [ATOM]. The present Moving Average for the last 50 days of trading for this stock 6.81, while it was recorded at 9.74 for the last single week of trading, and 4.43 for the last 200 days.
Atomera Incorporated [ATOM]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Atomera Incorporated [ATOM] shares currently have an operating margin of -2556.29 and a Gross Margin at +52.53. Atomera Incorporated’s Net Margin is presently recorded at -2495.31.
Return on Total Capital for ATOM is now -86.04, given the latest momentum, and Return on Invested Capital for the company is -84.40. Return on Equity for this stock declined to -84.40, with Return on Assets sitting at -76.89. When it comes to the capital structure of this company, Atomera Incorporated [ATOM] has a Total Debt to Total Equity ratio set at 1.10. Additionally, ATOM Total Debt to Total Capital is recorded at 1.09, with Total Debt to Total Assets ending up at 1.00.
Reflecting on the efficiency of the workforce at the company, Atomera Incorporated [ATOM] managed to generate an average of -$782,353 per employee. Receivables Turnover for the company is 5.76 with a Total Asset Turnover recorded at a value of 0.03.Atomera Incorporated’s liquidity data is similarly interesting compelling, with a Quick Ratio of 10.50 and a Current Ratio set at 10.50.
Earnings per share (EPS) analysis for Atomera Incorporated [ATOM] stock
With the latest financial reports released by the company, Atomera Incorporated posted -0.24/share EPS, while the average EPS was predicted by analysts to be reported at -0.22/share.When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -9.10%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ATOM.
Atomera Incorporated [ATOM]: Insider Ownership positions
There are presently around $39 million, or 19.00% of ATOM stock, in the hands of institutional investors. The top three institutional holders of ATOM stocks are: AWM INVESTMENT COMPANY, INC. with ownership of 1,657,938, which is approximately -0.091% of the company’s market cap and around 7.70% of the total institutional ownership; HOLLENCREST CAPITAL MANAGEMENT, holding 545,686 shares of the stock with an approximate value of $5.87 million in ATOM stocks shares; and VANGUARD GROUP INC, currently with $5.51 million in ATOM stock with ownership of nearly 4.092% of the company’s market capitalization.
Positions in Atomera Incorporated stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 14 institutional holders increased their position in Atomera Incorporated [NASDAQ:ATOM] by around 110,566 shares. Additionally, 5 investors decreased positions by around 8,341 shares, while 3 investors held positions by with 3,526,717 shares. The mentioned changes placed institutional holdings at 3,645,624 shares, according to the latest SEC report filing. ATOM stock had 6 new institutional investments in for a total of 8,946 shares, while 0 institutional investors sold positions of 0 shares during the same period.