In today’s recent session, 0.38 million shares of the Atomera Inc (NASDAQ:ATOM) have been traded, and its beta is 1.57. Most recently the company’s share price was $7.61, and it changed around $0.44 or 6.07% from the last close, which brings the market valuation of the company to $218.86M. ATOM at last check was trading at a discount to its 52-week high of $9.19, offering almost -20.76% off that amount. The share price’s 52-week low was $2.31, which indicates that the recent value has risen by an impressive 69.65% since then. We note from Atomera Inc’s average daily trading volume that its 10-day average is 0.45 million shares, with the 3-month average coming to 342.61K.
Atomera Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended ATOM as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. Atomera Inc is expected to report earnings per share of -0.14 for the current quarter.
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
Atomera Inc (NASDAQ:ATOM) trade information
Instantly ATOM has been showing a green trend so far today with a performance of 6.07% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 7.79 on recent trading dayincreased the stock’s daily price by 2.31%. The company’s shares are currently up 8.49% year-to-date, but still up 20.14% over the last five days. On the other hand, Atomera Inc (NASDAQ:ATOM) is 31.57% up in the 30-day period. We can see from the shorts that 4.36 million shares have been sold at a short interest cover period of 8.14 day(s).
Atomera Inc (ATOM) estimates and forecasts
The year-over-year growth rate is expected to be -81.82%, down from the previous year.
1 analysts expect Atomera Inc to make 100k in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 550k and 18k respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -100.00%. Forecasts for the next quarter put sales growth at 455.56%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 4.74%. Atomera Inc earnings are expected to increase by 27.50% in 2024, but the outlook is positive 20.00% per year for the next five years.
ATOM Dividends
Atomera Inc’s next quarterly earnings report is expected to be released in January.
Atomera Inc (NASDAQ:ATOM)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 4.69% of Atomera Inc shares, and 22.88% of them are in the hands of institutional investors. The stock currently has a share float of 24.00%. Atomera Inc stock is held by 81.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 4.6135% of the shares, which is about 1.2 million shares worth $4.58 million.
HOLLENCREST CAPITAL MANAGEMENT, with 2.7766% or 0.72 million shares worth $2.75 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund were the top two Mutual Funds as of Sep 30, 2024. The former held 794.78 shares worth $5.79 million, making up 2.76% of all outstanding shares. On the other hand, Vanguard Extended Market Index Fund held roughly 369.49 shares worth around $2.69 million, which represents about 1.28% of the total shares outstanding.
