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As of close of business last night, ACM Research Inc’s stock clocked out at $19.11, up 0.42% from its previous closing price of $19.03. In other words, the price has increased by $0.42 from its previous closing price. On the day, 1.27 million shares were traded. ACMR stock price reached its highest trading level at $20.24 during the session, while it also had its lowest trading level at $19.02.
Ratios:
To gain a deeper understanding of ACMR’s stock, we examine 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Oct 02 ’24 when Xing Xiao bought 75,000 shares for $20.00 per share.
Xing Xiao bought 25,000 shares of ACMR for $500,000 on Oct 01 ’24. On Aug 29 ’24, another insider, Dun Haiping, who serves as the Director of the company, sold 19,097 shares for $18.08 each. As a result, the insider received 345,274 and left with 755,090 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 1189444608 and an Enterprise Value of 1142420480. As of this moment, ACM’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.20, and their Forward P/E ratio for the next fiscal year is 10.45. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.36. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.72 while its Price-to-Book (P/B) ratio in mrq is 1.43. Its current Enterprise Value per Revenue stands at 1.647 whereas that against EBITDA is 8.912.
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 6.25%, while the 200-Day Moving Average is calculated to be -13.98%.
Shares Statistics:
It appears that ACMR traded 1.28M shares on average per day over the past three months and 1313240 shares per day over the past ten days. 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 55.66% stake in the company. Shares short for ACMR as of 1726185600 were 4958537 with a Short Ratio of 3.88, compared to 1723680000 on 4589858. Therefore, it implies a Short% of Shares Outstanding of 4958537 and a Short% of Float of 10.71.
