Atomera Inc (NASDAQ: ATOM) is -42.67% lower on its value in year-to-date trading and has touched a low of $2.31 and a high of $17.55 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 $5.32 in the last trading session, with the day’s gains setting it 1.33%.
Currently trading at $6.65, the stock is -25.04% and -29.97% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.95 million and changing 25.00% at the moment leaves the stock 27.80% off its SMA200. ATOM registered -27.04% loss for a year compared to 6-month gain of 123.15%. The firm has a 50-day simple moving average (SMA 50) of $9.4868 and a 200-day simple moving average (SMA200) of $5.192425.
The stock witnessed a -28.49% loss in the last 1 month and extending the period to 3 months gives it a 15.05%, and is -32.56% 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 16.79% over the week and 15.40% over the month.
Atomera Inc (ATOM) has around 21 employees, a market worth around $191.37M and $0.14M in sales. Profit margin for the company is -13655.56%. Distance from 52-week low is 187.88% and -62.11% from its 52-week high. The company has generated returns on investments over the last 12 months (-72.16%).
The EPS is expected to grow by 20.59% this year, but quarterly earnings will post 566.67% year-over-year. Quarterly sales are estimated to shrink -100.00% in year-over-year returns.
87.0 institutions hold shares in Atomera Inc (ATOM), with institutional investors hold 25.34% of the company’s shares. The shares outstanding are 30.54M, and float is at 27.43M with Short Float at 17.01%. Institutions hold 24.15% 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 2.7316 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 1.612 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 sale by Mears Robert J, the company’s Chief Technology Officer. SEC filings show that Mears Robert J sold 2,628 shares of the company’s common stock on Dec 10 ’24 at a price of $7.56 per share for a total of $19868.0. Following the sale, the insider now owns 0.13 million shares.
Atomera Inc disclosed in a document filed with the SEC on Dec 02 ’24 that BIBAUD SCOTT A. (CEO and President) sold a total of 5,219 shares of the company’s common stock. The trade occurred on Dec 02 ’24 and was made at $6.06 per share for $31627.0. Following the transaction, the insider now directly holds 0.33 million shares of the ATOM stock.
Still, SEC filings show that on Dec 02 ’24, Laurencio Francis (CFO) disposed off 2,478 shares at an average price of $6.06 for $15017.0. The insider now directly holds 93,322 shares of Atomera Inc (ATOM).
