Atomera Inc (NASDAQ:ATOM)’s traded shares stood at 0.31 million during the last session, with the company’s beta value hitting 1.58. At the close of trading, the stock’s price was $6.76, to imply an increase of 2.27% or $0.15 in intraday trading. The ATOM share’s 52-week high remains $9.19, putting it -35.95% down since that peak but still an impressive 65.83% since price per share fell to its 52-week low of $2.31. The company has a valuation of $194.54M, with an average of 0.41 million shares in intraday trading volume over the past 10 days and average of 320.01K shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Atomera Inc (ATOM), translating to a mean rating of 1.00. Of 1 analyst(s) looking at the stock, 0 analyst(s) give ATOM a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 1 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.14.
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Atomera Inc (NASDAQ:ATOM) trade information
After registering a 2.27% upside in the last session, Atomera Inc (ATOM) has traded red over the past five days. The 5-day price performance for the stock is 9.39%, and 47.60% over 30 days. With these gigs, the year-to-date price performance is -3.57%. Short interest in Atomera Inc (NASDAQ:ATOM) saw shorts transact 3.88 million shares and set a 9.23 days time to cover.
Atomera Inc (ATOM) estimates and forecasts
The rating firms project that company’s revenue will shrink -81.82% compared to the previous financial year.
Meanwhile, for the current quarter, a total of 1 analyst(s) estimate revenue growth to 100k.Earnings reports from the last fiscal year show that sales brought in 550k and 18k respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -100.00% before jumping 455.56% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 4.74% for the past 5-year period. While 2024 is set for a 27.50% return in earnings, projections for the next 5 years are at 20.00% annually.
ATOM Dividends
Atomera Inc has its next earnings report out in January. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Atomera Inc (NASDAQ:ATOM)’s Major holders
Atomera Inc insiders hold 4.69% of total outstanding shares, with institutional holders owning 22.88% of the shares at 24.00% float percentage. In total, 22.88% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 1.2 million shares (or 4.6135% of shares), all amounting to roughly $4.58 million.
The next major institution holding the largest number of shares is HOLLENCREST CAPITAL MANAGEMENT with 0.72 million shares, or about 2.7766% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $2.75 million.
