Atomera (NASDAQ:ATOM - Get Free Report)'s stock had its "sell (e+)" rating reissued by Weiss Ratings in a research report issued on Wednesday,Weiss Ratings reports.
Atomera Stock Performance
Shares of NASDAQ:ATOM traded up $0.16 during midday trading on Wednesday, reaching $5.00. 418,815 shares of the company's stock traded hands, compared to its average volume of 574,644. Atomera has a 1 year low of $2.77 and a 1 year high of $17.55. The company has a market cap of $157.40 million, a P/E ratio of -7.46 and a beta of 1.13. The company has a fifty day simple moving average of $3.78 and a two-hundred day simple moving average of $4.71.
Atomera (NASDAQ:ATOM - Get Free Report) last announced its earnings results on Tuesday, August 5th. The technology company reported ($0.17) EPS for the quarter, missing analysts' consensus estimates of ($0.14) by ($0.03). Atomera had a negative net margin of 15,555.37% and a negative return on equity of 90.84%.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ATOM. Police & Firemen s Retirement System of New Jersey acquired a new stake in shares of Atomera during the second quarter worth $35,000. SCS Capital Management LLC bought a new stake in shares of Atomera during the 1st quarter worth about $40,000. Chicago Partners Investment Group LLC bought a new stake in Atomera during the 1st quarter valued at approximately $42,000. Gleason Group Inc. bought a new stake in Atomera in the 2nd quarter valued at $53,000. Finally, The Manufacturers Life Insurance Company acquired a new stake in Atomera in the 2nd quarter valued at $53,000. Institutional investors and hedge funds own 30.79% of the company's stock.
About Atomera
(
Get Free Report)
Atomera Incorporated engages in the developing, commercializing, and licensing proprietary processes and technologies for the semiconductor industry in North America and the Asia Pacific. The company's lead technology is the Mears Silicon Technology, a thin film of reengineered silicon that can be applied as a transistor channel enhancement to CMOS-type transistors.
Further Reading
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