rts logo

Atomera Inc (ATOM) Is Now En Route to Higher Prices

Atomera Inc (NASDAQ: ATOM) is -61.63% lower on its value in year-to-date trading and has touched a low of $2.67 and a high of $9.19 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ATOM stock was last observed hovering at around $2.73 in the last trading session, with the day’s loss setting it -0.04%.

Currently trading at $2.69, the stock is -8.09% and -22.03% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.19 million and changing -1.47% at the moment leaves the stock -50.64% off its SMA200. ATOM registered -58.29% loss for a year compared to 6-month loss of -60.61%.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The stock witnessed a -13.92% gain in the last 1 month and extending the period to 3 months gives it a -35.34%, and is -10.93% 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 4.83% over the week and 6.45% over the month.

Atomera Inc (ATOM) has around 21 employees, a market worth around $74.78M and $0.64M in sales. Profit margin for the company is -2937.81%. Distance from 52-week low is 0.75% and -70.73% from its 52-week high. The company has generated returns on investments over the last 12 months (-100.42%).

The EPS is expected to grow by 23.75% this year.

Atomera Inc (ATOM) Top Institutional Holders

98.0 institutions hold shares in Atomera Inc (ATOM), with institutional investors hold 26.85% of the company’s shares. The shares outstanding are 27.80M, and float is at 26.39M with Short Float at 8.98%. Institutions hold 25.52% of the Float.

The top institutional shareholder in the company is VANGUARD GROUP INC with over 1.2 million shares valued at $4.58 million. The investor’s holdings represent 4.6135% of the ATOM Shares outstanding. As of 2024-06-30, the second largest holder is HOLLENCREST CAPITAL MANAGEMENT with 0.72 million shares valued at $$2.75 million to account for 2.7766 of the shares outstanding. The other top investors are BAIRD FINANCIAL GROUP, INC. which holds 0.61 million shares representing 2.3401% and valued at over $2.32 million, while AVENIR CORP holds 1.6386 of the shares totaling 0.43 million with a market value of $1.63 million.

Atomera Inc (ATOM) Insider Activity

The most recent transaction is an insider purchase by Gerber John,the company’sDirector. SEC filings show that Gerber John bought 3,450 shares of the company’s common stock on Aug 07 ’24 at a price of $2.94 per share for a total of $10143.0. Following the purchase, the insider now owns 0.3 million shares.

Atomera Inc disclosed in a document filed with the SEC on Jun 03 ’24 that Mears Robert J (Chief Technology Officer) sold a total of 2,189 shares of the company’s common stock. The trade occurred on Jun 03 ’24 and was made at $4.13 per share for $9041.0. Following the transaction, the insider now directly holds 0.14 million shares of the ATOM stock.

Still, SEC filings show that on Jun 04 ’24, Mears Robert J (Chief Technology Officer) disposed off 1,578 shares at an average price of $4.04 for $6375.0. The insider now directly holds 134,963 shares of Atomera Inc (ATOM).

Related Posts