During the last session, ACM Research Inc (NASDAQ:ACMR)’s traded shares were 1.08 million, with the beta value of the company hitting 1.39. At the end of the trading day, the stock’s price was $28.29, reflecting an intraday gain of 0.50% or $0.14. The 52-week high for the ACMR share is $34.40, that puts it down -21.6 from that peak though still a striking 69.07% gain since the share price plummeted to a 52-week low of $8.75. The company’s market capitalization is $1.73B, and the average trade volume was 1.72 million shares over the past three months.
ACM Research Inc (NASDAQ:ACMR) trade information
ACM Research Inc (ACMR) registered a 0.50% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 0.50% in intraday trading to $28.29, hitting a weekly high. The stock’s 5-day price performance is 3.23%, and it has moved by -4.57% in 30 days. Based on these gigs, the overall price performance for the year is 194.38%.
ACM Research Inc (ACMR) estimates and forecasts
Statistics show that ACM Research Inc has underperformed its competitors in share price, compared to the industry in which it operates. ACM Research Inc (ACMR) shares have gone up 50.88% during the last six months, with a year-to-date growth rate less than the industry average at -0.61% against 1.70. In the rating firms’ projections, revenue will increase 25.80% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 152.41M as predicted by 6 analyst(s). Meanwhile, a consensus of 6 analyst(s) estimates revenue growth to 168.01M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 74.26M and 115.54M respectively. In this case, analysts expect current quarter sales to grow by 105.20% and then jump by 45.40% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 56.93%. While earnings are projected to return -13.15% in 2024, the next five years will return 42.74% per annum.
ACMR Dividends
ACM Research Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
