Investor’s Delight: Atomera Inc (ATOM) Closes Strong at 3.51, Up 13.23

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The closing price of Atomera Inc (NASDAQ: ATOM) was $3.51 for the day, up 13.23% from the previous closing price of $3.10. In other words, the price has increased by $13.23 from its previous closing price. On the day, 0.67 million shares were traded. ATOM stock price reached its highest trading level at $3.94 during the session, while it also had its lowest trading level at $3.25.

Ratios:

Our analysis of ATOM’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 6.03 and its Current Ratio is at 6.03. In the meantime, Its Debt-to-Equity ratio is 0.17 whereas as Long-Term Debt/Eq ratio is at 0.07.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Craig Hallum on June 09, 2021, initiated with a Buy rating and assigned the stock a target price of $28.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jun 04 ’24 when Mears Robert J sold 1,578 shares for $4.04 per share. The transaction valued at 6,375 led to the insider holds 134,963 shares of the business.

BIBAUD SCOTT A. sold 5,174 shares of ATOM for $21,369 on Jun 03 ’24. The CEO and President now owns 343,883 shares after completing the transaction at $4.13 per share. On Jun 03 ’24, another insider, Laurencio Francis, who serves as the CFO of the company, sold 2,464 shares for $4.13 each. As a result, the insider received 10,176 and left with 98,354 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, ATOM now has a Market Capitalization of 97123456 and an Enterprise Value of 70792760. For the stock, the TTM Price-to-Sale (P/S) ratio is 147.47 while its Price-to-Book (P/B) ratio in mrq is 5.54. Its current Enterprise Value per Revenue stands at 110.614 whereas that against EBITDA is -3.802.

Stock Price History:

Over the past 52 weeks, ATOM has reached a high of $9.19, while it has fallen to a 52-week low of $3.02. The 50-Day Moving Average of the stock is -10.64%, while the 200-Day Moving Average is calculated to be -39.52%.

Shares Statistics:

ATOM traded an average of 266.07K shares per day over the past three months and 245620 shares per day over the past ten days. A total of 26.11M shares are outstanding, with a floating share count of 25.52M. Insiders hold about 5.08% of the company’s shares, while institutions hold 30.45% stake in the company. Shares short for ATOM as of 1721001600 were 2645440 with a Short Ratio of 9.94, compared to 1718323200 on 4499119. Therefore, it implies a Short% of Shares Outstanding of 2645440 and a Short% of Float of 10.31.

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