AtlasClear Holdings Inc [AMEX: ATCH] stock went on an upward path that rose over 46.47% on Thursday, amounting to a one-week price increase of more than 21.55%.
Over the last 12 months, ATCH stock dropped by -97.71%. The one-year AtlasClear Holdings Inc stock forecast points to a potential upside of 99.98. The average equity rating for ATCH stock is currently 1.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $3.43 million, with 15.60 million shares outstanding and 12.93 million shares in the current float. Compared to the average trading volume of 3.81M shares, ATCH stock reached a trading volume of 286599004 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on AtlasClear Holdings Inc [ATCH]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ATCH shares is $900.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ATCH stock is a recommendation set at 1.00. 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.
ATCH Stock Performance Analysis:
AtlasClear Holdings Inc [ATCH] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 21.55. With this latest performance, ATCH shares gained by 15.97% in over the last four-week period, additionally sinking by -95.64% over the last 6 months – not to mention a drop of -97.71% 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 ATCH stock in for the last two-week period is set at 57.42, with the RSI for the last a single of trading hit 0.0302, and the three-weeks RSI is set at 0.0333 for AtlasClear Holdings Inc [ATCH]. The present Moving Average for the last 50 days of trading for this stock 0.1980, while it was recorded at 0.1798 for the last single week of trading, and 4.5385 for the last 200 days.
Insight into AtlasClear Holdings Inc Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and AtlasClear Holdings Inc [ATCH] shares currently have an operating margin of -381.05% and a Gross Margin at -11.90%. AtlasClear Holdings Inc’s Net Margin is presently recorded at -3001.14%.
AtlasClear Holdings Inc (ATCH) Capital Structure & Debt Analysis
AtlasClear Holdings Inc (ATCH) Efficiency & Liquidity Metrics
AtlasClear Holdings Inc (ATCH) Efficiency & Liquidity Metrics
AtlasClear Holdings Inc [ATCH] Institutonal Ownership Details
There are presently around $1.77%, or 1.79%% of ATCH stock, in the hands of institutional investors.
