AtlasClear Holdings Inc [AMEX: ATCH] surged by $0.02 during the normal trading session on Thursday and reaching a high of $0.3591 during the day while it closed the day at $0.35.
AtlasClear Holdings Inc stock has also gained 16.79% of its value over the past 7 days. However, ATCH stock has inclined by 67.92% in the 3 months of the year. Over the past six months meanwhile, it has gained 57.77% and lost -97.67% year-on date.
The market cap for ATCH stock reached $50.18 million, with 144.58 million shares outstanding and 134.61 million shares in the current float. Compared to the average trading volume of 54.35M shares, ATCH reached a trading volume of 6244608 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 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.
The Price to Book ratio for the last quarter was 6.38, with the Price to Cash per share for the same quarter was set at 0.22.
ATCH stock trade performance evaluation
AtlasClear Holdings Inc [ATCH] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 16.79. With this latest performance, ATCH shares gained by 3.58% in over the last four-week period, additionally plugging by 57.77% over the last 6 months – not to mention a drop of -96.38% in the past year of trading.
AtlasClear Holdings Inc [ATCH]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and AtlasClear Holdings Inc [ATCH] shares currently have an operating margin of -5.00% and a Gross Margin at 69.88%. AtlasClear Holdings Inc’s Net Margin is presently recorded at -44.20%.
AtlasClear Holdings Inc (ATCH) Capital Structure & Debt Analysis
AtlasClear Holdings Inc (ATCH) Efficiency & Liquidity Metrics
Based on AtlasClear Holdings Inc’s (ATCH) latest financial statements, the Debt-to-Equity Ratio is 1.09%, indicating its reliance on debt financing relative to shareholder equity.
AtlasClear Holdings Inc (ATCH) Efficiency & Liquidity Metrics
From an operational efficiency perspective, AtlasClear Holdings Inc. (ATCH) effectively leverages its workforce, generating an average of -$139487.18 per employee. The company’s liquidity position is robust, with a Current Ratio of 0.95% and a Quick Ratio of 0.95%, indicating strong ability to cover short-term liabilities.
AtlasClear Holdings Inc [ATCH]: Institutional Ownership
There are presently around $4.84%, or 4.87%% of ATCH stock, in the hands of institutional investors. The top three institutional holders of ATCH stocks are: CABLE CAR CAPITAL LLC with ownership of 0.57 million shares, which is approximately 0.0781%. HIGHTOWER ADVISORS, LLC, holding 74434.0 shares of the stock with an approximate value of $$77000.0 in ATCH stocks shares; and HIGHTOWER ADVISORS, LLC, currently with $$36565.0 in ATCH stock with ownership which is approximately 0.0048%.
