AtlasClear Holdings Inc (AMEX: ATCH) is -99.71% lower on its value in year-to-date trading and has touched a low of $0.18 and a high of $66.00 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 $0.19 in the last trading session, with the day’s gains setting it 3.12%.
Currently trading at $3.31M, the stock is -7.38% and -35.87% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.61 million and changing 1609000% at the moment leaves the stock -96.88% off its SMA200. ATCH registered -98.04% loss for a year compared to 6-month loss of -98.39%. The firm has a 50-day simple moving average (SMA 50) of $0.29384 and a 200-day simple moving average (SMA200) of $6.032115.
The stock witnessed a -0.95% gain in the last 1 month and extending the period to 3 months gives it a -80.17%, and is -3.38% 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 4.22% over the week and 4.48% over the month.
Profit margin for the company is -3001.14%. Distance from 52-week low is 4.67% and -99.71% from its 52-week high.
11.0 institutions hold shares in AtlasClear Holdings Inc (ATCH), with institutional investors hold 1.72% of the company’s shares. The shares outstanding are 15.60M, and float is at 12.93M with Short Float at 11.41%. Institutions hold 1.70% of the Float.
AtlasClear Holdings Inc (ATCH) Insider Activity
The most recent transaction is an insider sale by Atlas Fintech Holdings Corp., the company’s 10% Owner. SEC filings show that Atlas Fintech Holdings Corp. sold 6,250 shares of the company’s common stock on Nov 18 ’24 at a price of $15.93 per share for a total of $99562.0. Following the sale, the insider now owns 0.1 million shares.
AtlasClear Holdings Inc disclosed in a document filed with the SEC on Nov 19 ’24 that Atlas Fintech Holdings Corp. (10% Owner) sold a total of 2,083 shares of the company’s common stock. The trade occurred on Nov 19 ’24 and was made at $12.99 per share for $27058.0. Following the transaction, the insider now directly holds 98869.0 shares of the ATCH stock.
