ACM Research Inc [NASDAQ: ACMR] stock went on an upward path that rose over 20.71% on Wednesday, amounting to a one-week price increase of more than 4.73%.
Over the last 12 months, ACMR stock rose by 35.14%. The one-year ACM Research Inc stock forecast points to a potential upside of 12.1. The average equity rating for ACMR stock is currently 1.40, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $1.73 billion, with 57.52 million shares outstanding and 48.71 million shares in the current float. Compared to the average trading volume of 1.56M shares, ACMR stock reached a trading volume of 5943373 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on ACM Research Inc [ACMR]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ACMR shares is $31.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ACMR stock is a recommendation set at 1.40. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Craig Hallum have made an estimate for ACM Research Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on Feb-27-25. The new note on the price target was released on December 05, 2024, representing the official price target for ACM Research Inc stock.
The Average True Range (ATR) for ACM Research Inc is set at 1.67, with the Price to Sales ratio for ACMR stock in the period of the last 12 months amounting to 2.38. The Price to Book ratio for the last quarter was 1.95, with the Price to Cash per share for the same quarter was set at 6.00.
ACMR Stock Performance Analysis:
ACM Research Inc [ACMR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.73. With this latest performance, ACMR shares gained by 60.80% in over the last four-week period, additionally plugging by 42.07% over the last 6 months – not to mention a rise of 35.14% 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 ACMR stock in for the last two-week period is set at 69.53, with the RSI for the last a single of trading hit 69.78, and the three-weeks RSI is set at 68.52 for ACM Research Inc [ACMR]. The present Moving Average for the last 50 days of trading for this stock 18.94, while it was recorded at 25.39 for the last single week of trading, and 19.69 for the last 200 days.
Insight into ACM Research Inc Fundamentals:
ACM Research Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.34 and a Current Ratio set at 2.37.
ACM Research Inc [ACMR] Institutonal Ownership Details
The top three institutional holders of ACMR stocks are: BLACKROCK INC. with ownership of 4.07 million shares, which is approximately 6.6335%. VANGUARD GROUP INC, holding 3.9 million shares of the stock with an approximate value of $$90.04 million in ACMR stocks shares; and VANGUARD GROUP INC, currently with $$26.28 million in ACMR stock with ownership which is approximately 1.8572%.
