During the last session, Aterian Inc. (NASDAQ:ATER)’s traded shares were 11.31 million. At the end of the trading day, the stock’s price was $2.96, reflecting an intraday gain of 3.86% or $0.11. The 52-week high for the ATER share is $21.07, that puts it down -611.82 from that peak though still a striking 29.05% gain since the share price plummeted to a 52-week low of $2.10. The company’s market capitalization is $209.75M, and the average intraday trading volume over the past 10 days was 14.23 million shares, and the average trade volume was 21.18 million shares over the past three months.
Aterian Inc. (NASDAQ:ATER) trade information
Aterian Inc. (ATER) registered a 3.86% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 3.86% in intraday trading to $2.96 this Thursday, 05/12/22, hitting a weekly high. The stock’s 5-day price performance is -39.96%, and it has moved by -40.80% in 30 days. Based on these gigs, the overall price performance for the year is -76.21%. The short interest in Aterian Inc. (NASDAQ:ATER) is 6.02 million shares and it means that shorts have 1.82 day(s) to cover.
The consensus price target of analysts on Wall Street is $4.80, which implies an increase of 38.33% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $2.50 and $7.00 respectively. As a result, ATER is trading at a discount of -136.49% off the target high and 15.54% off the low.
Aterian Inc. (ATER) estimates and forecasts
Statistics show that Aterian Inc. has outperformed its competitors in share price, compared to the industry in which it operates. Aterian Inc. (ATER) shares have gone down -52.41% during the last six months, with a year-to-date growth rate more than the industry average at 89.91% against 18.00.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -61.20%. While earnings are projected to return -81.40% in 2022.
Aterian Inc. is due to release its next quarterly earnings in June. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Aterian Inc. (NASDAQ:ATER)’s Major holders
Aterian Inc. insiders own 20.89% of total outstanding shares while institutional holders control 24.34%, with the float percentage being 30.77%. Hudson Bay Capital Management Lp is the largest shareholder of the company, while 124 institutions own stock in it. As of Sep 29, 2021, the company held over 3.35 million shares (or 6.25% of all shares), a total value of $36.25 million in shares.
The next largest institutional holding, with 1.55 million shares, is of Blackrock Inc.’s that is approximately 2.89% of outstanding shares. At the market price on Sep 29, 2021, these shares were valued at $16.76 million.
Also, the Mutual Funds coming in first place with the largest holdings of Aterian Inc. (ATER) shares are iShares Russell 2000 ETF and Vanguard Total Stock Market Index Fund. Data provided on Nov 29, 2021 indicates that iShares Russell 2000 ETF owns about 0.62 million shares. This amounts to just over 1.15 percent of the company’s overall shares, with a $3.01 million market value. The same data shows that the other fund manager holds slightly less at 0.53 million, or about 1.00% of the stock, which is worth about $5.77 million.