Aterian Inc (NASDAQ: ATER) is 10.76% higher on its value in year-to-date trading and has touched a low of $0.26 and a high of $1.02 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ATER stock was last observed hovering at around $0.47 in the last trading session, with the day’s loss setting it -0.08%.
Currently trading at $0.39, the stock is -11.32% and 4.85% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.17 million and changing -18.25% at the moment leaves the stock -1.59% off its SMA200. ATER registered -59.68% loss for a year compared to 6-month gain of 14.20%. The firm has a 50-day simple moving average (SMA 50) of $0.13 and a 200-day simple moving average (SMA200) of -$0.28.
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The stock witnessed a -6.76% loss in the last 1 month and extending the period to 3 months gives it a 22.97%, and is -17.87% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 17.42% over the week and 13.77% over the month.
Aterian Inc (ATER) has around 178 employees, a market worth around $34.82M and $142.56M in sales. Profit margin for the company is -52.30%. Distance from 52-week low is 48.35% and -62.16% from its 52-week high. The company has generated returns on investments over the last 12 months (-177.92%).
Aterian Inc quarterly earnings per share for the current quarter are estimated at -$0.1 with sales reaching $25.69M over the same period.The EPS is expected to grow by 70.88% this year, but quarterly earnings will post -21.10% year-over-year. Quarterly sales are estimated to shrink -26.30% in year-over-year returns.
53 institutions hold shares in Aterian Inc (ATER), with institutional investors hold 8.05% of the company’s shares. The shares outstanding are 90.10M, and float is at 78.20M with Short Float at 5.23%. Institutions hold 7.13% of the Float.
The top institutional shareholder in the company is Vanguard Group Inc with over 3.17 million shares valued at $1.46 million. The investor’s holdings represent 3.72% of the ATER Shares outstanding. As of Jun 29, 2023, the second largest holder is Blackrock Inc. with 1.09 million shares valued at $0.5 million to account for 1.28% of the shares outstanding. The other top investors are Millennium Management Llc which holds 0.84 million shares representing 0.98% and valued at over $0.39 million, while Geode Capital Management, LLC holds 0.83% of the shares totaling 0.71 million with a market value of $0.33 million.
Aterian Inc (ATER) Insider Activity
The most recent transaction is an insider sale by Harlam Bari A, the company’s Director. SEC filings show that Harlam Bari A sold 51,742 shares of the company’s common stock on Dec 14 ’23 at a price of $0.31 per share for a total of $16040.0. Following the sale, the insider now owns 0.31 million shares.
Aterian Inc disclosed in a document filed with the SEC on Dec 12 ’23 that Zahut Roi Zion (Chief Technology Officer) sold a total of 17,114 shares of the company’s common stock. The trade occurred on Dec 12 ’23 and was made at $0.30 per share for $5134.0. Following the transaction, the insider now directly holds 1.32 million shares of the ATER stock.
Still, SEC filings show that on Nov 16 ’23, KURTZ WILLIAM (Director) disposed off 6,829 shares at an average price of $0.34 for $2322.0. The insider now directly holds 270,270 shares of Aterian Inc (ATER).
