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After finishing at $25.00 in the prior trading day, ACM Research Inc (NASDAQ: ACMR) closed at $25.75, up 3.00%. In other words, the price has increased by $3.00 from its previous closing price. On the day, 1.01 million shares were traded. ACMR stock price reached its highest trading level at $26.15 during the session, while it also had its lowest trading level at $25.0.
Ratios:
Our goal is to gain a better understanding of ACMR by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.26 and its Current Ratio is at 2.35. In the meantime, Its Debt-to-Equity ratio is 0.13 whereas as Long-Term Debt/Eq ratio is at 0.08.
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 Mar 14 ’24 when Wang David H sold 87,089 shares for $27.62 per share. The transaction valued at 2,405,050 led to the insider holds 504,018 shares of the business.
Dun Haiping sold 19,434 shares of ACMR for $538,376 on Mar 14 ’24. The Director now owns 855,090 shares after completing the transaction at $27.70 per share. On Mar 14 ’24, another insider, Cheav Sotheara, who serves as the insider of the company, sold 5,000 shares for $27.89 each. As a result, the insider received 139,428 and left with 100,002 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 1573196288 and an Enterprise Value of 1501317376. As of this moment, ACM’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.11, and their Forward P/E ratio for the next fiscal year is 13.88. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.52. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.82 while its Price-to-Book (P/B) ratio in mrq is 2.05. Its current Enterprise Value per Revenue stands at 2.692 whereas that against EBITDA is 14.445.
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 $8.75. The 50-Day Moving Average of the stock is -4.43%, while the 200-Day Moving Average is calculated to be 33.90%.
Shares Statistics:
The stock has traded on average 1.74M shares per day over the past 3-months and 1138910 shares per day over the last 10 days, according to various share statistics. A total of 56.04M shares are outstanding, with a floating share count of 46.05M. Insiders hold about 24.63% of the company’s shares, while institutions hold 53.84% stake in the company. Shares short for ACMR as of 1711584000 were 3615535 with a Short Ratio of 2.08, compared to 1709164800 on 4802058. Therefore, it implies a Short% of Shares Outstanding of 3615535 and a Short% of Float of 8.05.
Earnings Estimates
ACM Research Inc (ACMR) is currently under the scrutiny of Archer Aviation Inc. analysts, each contributing to the ongoing evaluation of its stock.The consensus estimate for the next quarter is $25.75, with high estimates of $92.65 and low estimates of $9.03.
