ACM Research Inc (NASDAQ:ACMR) has a beta value of 1.54 and has seen 1.22 million shares traded in the last trading session. The company, currently valued at $1.14B, closed the last trade at $18.56 per share which meant it gained $0.01 on the day or 0.05% during that session. The ACMR stock price is -85.34% off its 52-week high price of $34.40 and 30.23% above the 52-week low of $12.95. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.92 million shares traded. The 3-month trading volume is 1.36 million shares.
The consensus among analysts is that ACM Research Inc (ACMR) is Buy stock at the moment, with a recommendation rating of 1.00. 2 analysts rate the stock as a Sell, while 1 rate it as Overweight. 1 out of 19 have rated it as a Hold, with 15 advising it as a Buy. 0 have rated the stock as Underweight.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
ACM Research Inc (NASDAQ:ACMR) trade information
Sporting 0.05% in the green in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the ACMR stock price touched $18.56 or saw a rise of 9.02%. Year-to-date, ACM Research Inc shares have moved -5.02%, while the 5-day performance has seen it change -5.74%. Over the past 30 days, the shares of ACM Research Inc (NASDAQ:ACMR) have changed -15.79%. Short interest in the company has seen 4.95 million shares shorted with days to cover at 2.91.
Wall Street analysts have a consensus price target for the stock at $30, which means that the shares’ value could jump 38.13% from current levels. The projected low price target is $18.0 while the price target rests at a high of $106.0. In that case, then, we find that the current price level is -471.12% off the targeted high while a plunge would see the stock lose 3.02% from current levels.
ACM Research Inc (ACMR) estimates and forecasts
Figures show that ACM Research Inc shares have outperformed across the wider relevant industry. The company’s shares have lost -33.12% over the past 6 months, with this year growth rate of 0.00%, compared to -23.30% for the industry.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 56.93% over the past 5 years. Earnings growth for 2024 is a modest -2.99% while over the next 5 years, the company’s earnings are expected to increase by 20.00%.
ACMR Dividends
ACM Research Inc is expected to release its next earnings report in December this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
ACM Research Inc (NASDAQ:ACMR)’s Major holders
Insiders own 14.94% of the company shares, while shares held by institutions stand at 59.48% with a share float percentage of 69.92%. Investors are also buoyed by the number of investors in a company, with ACM Research Inc having a total of 275.0 institutions that hold shares in the company. The top two institutional holders are BLACKROCK INC. with over 4.07 million shares worth more than $93.87 million. As of 2024-06-30, BLACKROCK INC. held 6.6335% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 3.9 million shares as of 2024-06-30. The firm’s total holdings are worth over $90.04 million and represent 6.3623% of shares outstanding.
