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ACM Research Inc (NASDAQ: ACMR) closed the day trading at $17.74 down -2.53% from the previous closing price of $18.20. In other words, the price has decreased by -$2.53 from its previous closing price. On the day, 0.98 million shares were traded. ACMR stock price reached its highest trading level at $18.5 during the session, while it also had its lowest trading level at $17.665.
Ratios:
For a better understanding of ACMR, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.26 and its Current Ratio is at 2.29. In the meantime, Its Debt-to-Equity ratio is 0.18 whereas as Long-Term Debt/Eq ratio is at 0.09.
On July 03, 2023, Jefferies Upgraded its rating to Buy which previously was Underperform and also upped its target price recommendation from $9 to $23.40.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 29 ’24 when Dun Haiping sold 19,097 shares for $18.08 per share. The transaction valued at 345,274 led to the insider holds 755,090 shares of the business.
HAIPING DUN bought 19,097 shares of ACMR for $345,278 on Aug 29 ’24. On Aug 22 ’24, another insider, Dun Haiping, who serves as the Director of the company, sold 15,000 shares for $19.85 each. As a result, the insider received 297,750 and left with 774,187 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ACMR now has a Market Capitalization of 1108231936 and an Enterprise Value of 1056835392. As of this moment, ACM’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.11, and their Forward P/E ratio for the next fiscal year is 9.71. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.33. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.60 while its Price-to-Book (P/B) ratio in mrq is 1.33. Its current Enterprise Value per Revenue stands at 1.524 whereas that against EBITDA is 8.244.
Stock Price History:
Over the past 52 weeks, ACMR has reached a high of $34.40, while it has fallen to a 52-week low of $12.53. The 50-Day Moving Average of the stock is -2.78%, while the 200-Day Moving Average is calculated to be -19.93%.
Shares Statistics:
Over the past 3-months, ACMR traded about 1.25M shares per day on average, while over the past 10 days, ACMR traded about 909190 shares per day. A total of 56.04M shares are outstanding, with a floating share count of 47.55M. Insiders hold about 23.88% of the company’s shares, while institutions hold 55.69% stake in the company. Shares short for ACMR as of 1724976000 were 4598709 with a Short Ratio of 3.98, compared to 1722384000 on 4499856. Therefore, it implies a Short% of Shares Outstanding of 4598709 and a Short% of Float of 9.9300005.
