During the last session, Atomera Inc (NASDAQ:ATOM)’s traded shares were 0.62 million, with the beta value of the company hitting 1.45. At the end of the trading day, the stock’s price was $4.48, reflecting an intraday gain of 7.69% or $0.32. The 52-week high for the ATOM share is $9.19, that puts it down -105.13 from that peak though still a striking 48.44% gain since the share price plummeted to a 52-week low of $2.31. The company’s market capitalization is $128.93M, and the average intraday trading volume over the past 10 days was 0.3 million shares, and the average trade volume was 198.93K shares over the past three months.
Atomera Inc (ATOM) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. ATOM has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.16.
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Atomera Inc (NASDAQ:ATOM) trade information
Atomera Inc (ATOM) registered a 7.69% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 7.69% in intraday trading to $4.48, hitting a weekly high. The stock’s 5-day price performance is 33.33%, and it has moved by 82.11% in 30 days. Based on these gigs, the overall price performance for the year is -27.74%. The short interest in Atomera Inc (NASDAQ:ATOM) is 2.88 million shares and it means that shorts have 13.32 day(s) to cover.
Atomera Inc (ATOM) estimates and forecasts
Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to shrink -14.30% this quarter and then jump 18.80% in the quarter after that. In the rating firms’ projections, revenue will increase 9.10% 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 500k as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 700k by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 550k and 18k respectively. In this case, analysts expect current quarter sales to shrink by -9.10% and then jump by 3,788.90% 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 4.74%. While earnings are projected to return 27.50% in 2024, the next five years will return 20.00% per annum.
ATOM Dividends
Atomera Inc is due to release its next quarterly earnings on 2025-Feb-11. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Atomera Inc (NASDAQ:ATOM)’s Major holders
Atomera Inc insiders own 4.72% of total outstanding shares while institutional holders control 24.69%, with the float percentage being 25.91%. VANGUARD GROUP INC is the largest shareholder of the company, while 95.0 institutions own stock in it. As of 2024-06-30, the company held over 1.2 million shares (or 4.6135% of all shares), a total value of $4.58 million in shares.
The next largest institutional holding, with 0.72 million shares, is of HOLLENCREST CAPITAL MANAGEMENT’s that is approximately 2.7766% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $2.75 million.
