Let’s start up with the current stock price of ACM Research Inc. (ACMR), which is $11.75 to be very precise. The Stock rose vividly during the last session to $11.855 after opening rate of $10.91 while the lowest price it went was recorded $10.79 before closing at $10.83.Recently in News on January 3, 2023, ACM Research Reaffirms 2022 Revenue Outlook and Provides Initial Outlook for 2023 Revenue. —Reaffirms 2022 Revenue of $365-$385 Million——Projected 2023 Revenue of $515 to $585 Million——ACM to Present at Morgan Stanley, Credit Suisse and Needham Investor Conferences—. You can read further details here
ACM Research Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $11.85 on 01/23/23, with the lowest value was $9.35 for the same time period, recorded on 01/04/23.
ACM Research Inc. (ACMR) full year performance was -55.36%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, ACM Research Inc. shares are logging -60.16% during the 52-week period from high price, and 115.20% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $5.46 and $29.50.
The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 846380 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the ACM Research Inc. (ACMR) recorded performance in the market was 52.40%, having the revenues showcasing 86.51% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 671.63M, as it employees total of 877 workers.
ACM Research Inc. (ACMR) in the eye of market guru’s
During the last month, 0 analysts gave the ACM Research Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 10.23, with a change in the price was noted -5.40. In a similar fashion, ACM Research Inc. posted a movement of -31.49% for the period of last 100 days, recording 920,204 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for ACMR is recording 0.11 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.03.
ACM Research Inc. (ACMR): Stocks Technical analysis and Trends
Raw Stochastic average of ACM Research Inc. in the period of last 50 days is set at 97.88%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 97.88%. In the last 20 days, the company’s Stochastic %K was 88.36% and its Stochastic %D was recorded 86.04%.
If we look into the earlier routines of ACM Research Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 52.40%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -26.05%, alongside a downfall of -55.36% for the period of the last 12 months. The shares increased approximately by 8.60% in the 7-day charts and went down by 41.23% in the period of the last 30 days. Common stock shares were driven by 86.51% during last recorded quarter.