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The price of ACM Research Inc (NASDAQ: ACMR) closed at $27.00 in the last session, up 1.85% from day before closing price of $26.51. In other words, the price has increased by $1.85 from its previous closing price. On the day, 0.88 million shares were traded. ACMR stock price reached its highest trading level at $27.8112 during the session, while it also had its lowest trading level at $26.85.
Ratios:
We take a closer look at ACMR’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 1674232192 and an Enterprise Value of 1623507456. As of this moment, ACM’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.19, and their Forward P/E ratio for the next fiscal year is 14.58. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.54. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.00 while its Price-to-Book (P/B) ratio in mrq is 2.15. Its current Enterprise Value per Revenue stands at 2.911 whereas that against EBITDA is 15.621.
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 -4.78%, while the 200-Day Moving Average is calculated to be 36.16%.
Shares Statistics:
According to the various share statistics, ACMR traded on average about 1.74M shares per day over the past 3-months and 1355450 shares per day over the past 10 days. A total of 56.04M shares are outstanding, with a floating share count of 46.80M. Insiders hold about 24.53% of the company’s shares, while institutions hold 50.64% stake in the company. Shares short for ACMR as of 1713139200 were 4062696 with a Short Ratio of 2.34, compared to 1710460800 on 3245616. Therefore, it implies a Short% of Shares Outstanding of 4062696 and a Short% of Float of 9.0500005.
