Market cap of AtlasClear Holdings Inc [ATCH] reaches 3.59M – now what?

AtlasClear Holdings Inc [AMEX: ATCH] surged by $0.03 during the normal trading session on Tuesday and reaching a high of $0.24 during the day while it closed the day at $0.23.

AtlasClear Holdings Inc stock has also gained 30.39% of its value over the past 7 days. However, ATCH stock has inclined by 10.26% in the 3 months of the year. Over the past six months meanwhile, it has lost -84.56% and lost -98.26% year-on date.

The market cap for ATCH stock reached $3.59 million, with 15.60 million shares outstanding and 12.96 million shares in the current float. Compared to the average trading volume of 12.58M shares, ATCH reached a trading volume of 16114963 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.

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 30.39. With this latest performance, ATCH shares gained by 30.39% in over the last four-week period, additionally sinking by -84.56% over the last 6 months – not to mention a drop of -97.60% 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 59.29, with the RSI for the last a single of trading hit 0.0253, and the three-weeks RSI is set at 0.0288 for AtlasClear Holdings Inc [ATCH]. The present Moving Average for the last 50 days of trading for this stock 0.1933, while it was recorded at 0.2100 for the last single week of trading, and 3.0601 for the last 200 days.

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 -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]: Institutional Ownership

There are presently around $3.00%, or 3.03%% of ATCH stock, in the hands of institutional investors.

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