In the last trading session, 1.34 million Atomera Inc (NASDAQ:ATOM) shares changed hands as the company’s beta touched 1.41. With the company’s per share price at $10.97 changed hands at -$0.89 or -7.50% during last session, the market valuation stood at $315.70M. ATOM’s last price was a discount, traded about -59.98% off its 52-week high of $17.55. The share price had its 52-week low at $2.31, which suggests the last value was 78.94% up since then. When we look at Atomera Inc’s average trading volume, we note the 10-day average is 1.5 million shares, with the 3-month average coming to 615.21K.
Analysts gave the Atomera Inc (ATOM) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended ATOM as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Atomera Inc’s EPS for the current quarter is expected to be -0.14.
Atomera Inc (NASDAQ:ATOM) trade information
Instantly ATOM was in red as seen at the end of in last trading. With action -15.22%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -5.43%, with the 5-day performance at -15.22% in the red. However, in the 30-day time frame, Atomera Inc (NASDAQ:ATOM) is 44.91% up. Looking at the short shares, we see there were 4.73 million shares sold at short interest cover period of 9.72 days.
Atomera Inc (ATOM) estimates and forecasts
Year-over-year growth is forecast to reach -81.82% down from the last financial year.
1 analysts are of the opinion that Atomera Inc’s revenue for the current quarter will be 100k. The company’s revenue for the corresponding quarters a year ago was 550k and 18k respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -100.00%. The estimates for the next quarter sales put growth at 455.56%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 4.74%. The 2025 estimates are for Atomera Inc earnings to increase by 27.50%.
ATOM Dividends
Atomera Inc is expected to release its next quarterly earnings report in February.
Atomera Inc (NASDAQ:ATOM)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 4.69% of Atomera Inc shares while 22.84% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 23.96%. There are 22.84% institutions holding the Atomera Inc stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 4.6135% of the shares, roughly 1.2 million ATOM shares worth $4.58 million.
HOLLENCREST CAPITAL MANAGEMENT holds the second largest percentage of outstanding shares, with 2.7766% or 0.72 million shares worth $2.75 million as of 2024-06-30.
Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund . With 794.78 shares estimated at $8.72 million under it, the former controlled 2.76% of total outstanding shares. On the other hand, Vanguard Extended Market Index Fund held about 1.28% of the shares, roughly 369.49 shares worth around $4.05 million.
