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In the latest session, ACM Research Inc (NASDAQ: ACMR) closed at $22.72 down -1.30% from its previous closing price of $23.02. In other words, the price has decreased by -$1.30 from its previous closing price. On the day, 1.24 million shares were traded. ACMR stock price reached its highest trading level at $22.98 during the session, while it also had its lowest trading level at $21.59.
Ratios:
For a deeper understanding of ACM Research Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.22 and its Current Ratio is at 2.31. In the meantime, Its Debt-to-Equity ratio is 0.15 whereas as Long-Term Debt/Eq ratio is at 0.07.
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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jun 11 ’24 when Wang Jian sold 30,000 shares for $23.02 per share. The transaction valued at 690,576 led to the insider holds 253,158 shares of the business.
Wang Jian sold 30,000 shares of ACMR for $662,100 on Jun 10 ’24. The insider now owns 253,158 shares after completing the transaction at $22.07 per share. On Jun 07 ’24, another insider, Wang Jian, who serves as the insider of the company, sold 30,000 shares for $22.07 each. As a result, the insider received 662,100 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 1408835328 and an Enterprise Value of 1416270080. As of this moment, ACM’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.31, and their Forward P/E ratio for the next fiscal year is 12.17. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.41. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.22 while its Price-to-Book (P/B) ratio in mrq is 1.77. Its current Enterprise Value per Revenue stands at 2.228 whereas that against EBITDA is 11.699.
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 $11.32. The 50-Day Moving Average of the stock is -8.68%, while the 200-Day Moving Average is calculated to be 6.02%.
Shares Statistics:
For the past three months, ACMR has traded an average of 1.25M shares per day and 1269110 over the past ten days. A total of 56.04M shares are outstanding, with a floating share count of 47.10M. Insiders hold about 24.05% of the company’s shares, while institutions hold 54.25% stake in the company. Shares short for ACMR as of 1715731200 were 4056699 with a Short Ratio of 3.14, compared to 1713139200 on 4062696. Therefore, it implies a Short% of Shares Outstanding of 4056699 and a Short% of Float of 8.85.
