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Tuesday, September 26, 2023

There Is A Quest For Clarity Surrounding ACM Research Inc. (NASDAQ: ACMR) Volatility

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for ACM Research Inc. (ACMR) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.05, or 0.25%, to $19.68. The ACM Research Inc. has recorded 10,508 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that ACM Research to Participate in Upcoming Investor Conferences.

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Stocks Info

This NASDAQ-listed company operates within the Semiconductor Equipment & Materials industry segment, falling under the Technology sector. At the end of the last regular session, the stock closed at $19.63 and fluctuated between $19.74 as its day high and $18.44 as its day low. The current market capitalization of ACM Research Inc. is $1.12B. A total of 1.59 million shares were traded on the day, compared to an average of 761.17K shares.

Insider Activity

Insider trades can also provide insight into a stock’s future direction. During the recent three months, ACMR has seen 3 BUY and 2 SELL insider trades, representing the acquisition of 61,500 and the disposition of 61,500 shares. Over the last 12 months, there were 8 BUYs and 13 SELLs from insiders. Insiders purchased 234,000 shares during that period but sold 201,902.

In the most recent transaction, McKechnie Mark sold 30,000 shares of ACMR for 18.00 per share on Sep 01. After the transaction, the insider now owns 900 company shares. In a previous transaction on Aug 23, Chen Fuping sold 105,000 shares at 15.00 per share. ACMR shares that owns now total 0.

Among the insiders who sold shares, Dun Haiping disposed of 32,098 shares on Aug 22 at a per-share price of $13.85. This resulted in the Director holding 855,090 shares of ACMR after the transaction. In another insider transaction, Feng Lisa sold 22,500 shares at $15.00 per share on Jul 03. Company shares held by the insider now total 50,001.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for ACMR in the last 3 months, the mean price target is $21.36 with high estimates of $32.00 and low estimates of $13.00. In terms of 52-week highs and lows, ACMR has a high of $18.67 and a low of $5.46.

As of this writing, ACMR has an earnings estimate of $0.35 per share for the current quarter. EPS was calculated based on a consensus of 4 estimates, with a high estimate of $0.45 per share and a lower estimate of $0.29.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. ACMR’s latest balance sheet shows that the firm has $592.57M in Cash & Short Term Investments as of fiscal 2021. There were $39.14M in debt and $205.94M in liabilities at the time. Its Book Value Per Share was $11.55, while its Total Shareholder’s Equity was $811.66M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ACMR is Buy with a score of 4.50.

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