AtlasClear Holdings Inc (AMEX: ATCH) is -70.63% lower on its value in year-to-date trading and has touched a low of $1.73 and a high of $161.46 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 ATCH stock was last observed hovering at around $3.82 in the last trading session, with the day’s loss setting it -1.0%.
Currently trading at $2.82, the stock is -19.58% and -58.75% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 18.68 million and changing -26.18% at the moment leaves the stock -88.14% off its SMA200. ATCH registered -98.22% loss for a year compared to 6-month loss of -78.95%.
The stock witnessed a -45.87% gain in the last 1 month and extending the period to 3 months gives it a -79.63%, and is 31.16% up 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 96.17% over the week and 38.50% over the month.
AtlasClear Holdings Inc (ATCH) has around 51 employees, a market worth around $3.39M and $4.00M in sales. Profit margin for the company is -3001.14%. Distance from 52-week low is 63.01% and -98.25% from its 52-week high. The company has generated returns on investments over the last 12 months (-5540.38%).
The shares outstanding are 1.20M, and float is at 0.66M with Short Float at 3.06%.
