Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
The closing price of ACM Research Inc (NASDAQ: ACMR) was $17.68 for the day, down -1.17% from the previous closing price of $17.89. In other words, the price has decreased by -$1.17 from its previous closing price. On the day, 1.22 million shares were traded. ACMR stock price reached its highest trading level at $18.37 during the session, while it also had its lowest trading level at $17.04.
Ratios:
Our analysis of ACMR’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.34 and its Current Ratio is at 2.37. In the meantime, Its Debt-to-Equity ratio is 0.20 whereas as Long-Term Debt/Eq ratio is at 0.12.
Goldman Upgraded its Neutral to Buy on February 29, 2024, while the target price for the stock was maintained at $39.
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 Nov 29 ’24 when Dun Haiping sold 19,058 shares for $17.43 per share. The transaction valued at 332,181 led to the insider holds 755,090 shares of the business.
Wang David H sold 56,250 shares of ACMR for $981,000 on Nov 29 ’24. The insider now owns 598,006 shares after completing the transaction at $17.44 per share. On Nov 26 ’24, another insider, Wang David H, who serves as the insider of the company, sold 56,250 shares for $17.89 each. As a result, the insider received 1,006,087 and left with 654,256 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 1107259520 and an Enterprise Value of 1089638016. As of this moment, ACM’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.33, and their Forward P/E ratio for the next fiscal year is 9.43. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.67. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.52 while its Price-to-Book (P/B) ratio in mrq is 1.25. Its current Enterprise Value per Revenue stands at 1.495 whereas that against EBITDA is 7.802.
Stock Price History:
The Beta on a monthly basis for ACMR is 1.55, which has changed by -0.12561095 over the last 52 weeks, in comparison to a change of 0.22677135 over the same period for the S&P500. Over the past 52 weeks, ACMR has reached a high of $34.40, while it has fallen to a 52-week low of $13.87. The 50-Day Moving Average of the stock is 5.37%, while the 200-Day Moving Average is calculated to be -13.97%.
Shares Statistics:
ACMR traded an average of 1.36M shares per day over the past three months and 1285120 shares per day over the past ten days. A total of 57.52M shares are outstanding, with a floating share count of 48.71M. Insiders hold about 22.22% of the company’s shares, while institutions hold 53.58% stake in the company. Shares short for ACMR as of 1735603200 were 4455279 with a Short Ratio of 3.27, compared to 1732838400 on 3920001. Therefore, it implies a Short% of Shares Outstanding of 4455279 and a Short% of Float of 9.59.
