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ACM Research Inc (NASDAQ: ACMR) closed the day trading at $18.60 down -4.57% from the previous closing price of $19.49. In other words, the price has decreased by -$4.57 from its previous closing price. On the day, 0.81 million shares were traded. ACMR stock price reached its highest trading level at $19.49 during the session, while it also had its lowest trading level at $18.504.
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 22 ’24 when Dun Haiping sold 15,000 shares for $19.85 per share. The transaction valued at 297,750 led to the insider holds 774,187 shares of the business.
HAIPING DUN bought 15,000 shares of ACMR for $297,744 on Aug 22 ’24. On Jun 11 ’24, another insider, Wang Jian, who serves as the insider of the company, sold 30,000 shares for $23.02 each. As a result, the insider received 690,576 and left with 253,158 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 1218210688 and an Enterprise Value of 1110560384. As of this moment, ACM’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.79, and their Forward P/E ratio for the next fiscal year is 10.02. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.35. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.68 while its Price-to-Book (P/B) ratio in mrq is 1.39. Its current Enterprise Value per Revenue stands at 1.601 whereas that against EBITDA is 8.663.
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 -11.23%, while the 200-Day Moving Average is calculated to be -16.12%.
Shares Statistics:
Over the past 3-months, ACMR traded about 1.34M shares per day on average, while over the past 10 days, ACMR traded about 879420 shares per day. A total of 56.04M shares are outstanding, with a floating share count of 47.44M. Insiders hold about 24.06% of the company’s shares, while institutions hold 55.42% stake in the company. Shares short for ACMR as of 1722384000 were 4499856 with a Short Ratio of 3.35, compared to 1719532800 on 4235176. Therefore, it implies a Short% of Shares Outstanding of 4499856 and a Short% of Float of 9.729999.
