Atomera (NASDAQ:ATOM - Get Free Report) posted its quarterly earnings data on Tuesday. The technology company reported ($0.17) earnings per share for the quarter, missing the consensus estimate of ($0.14) by ($0.03), Zacks reports. Atomera had a negative return on equity of 90.84% and a negative net margin of 15,555.37%.
Atomera Price Performance
Shares of NASDAQ ATOM traded down $0.31 during trading on Friday, reaching $3.52. 440,956 shares of the stock traded hands, compared to its average volume of 498,034. Atomera has a 52-week low of $2.31 and a 52-week high of $17.55. The company has a 50-day moving average of $5.14 and a 200-day moving average of $5.69. The stock has a market capitalization of $110.81 million, a P/E ratio of -5.25 and a beta of 1.20.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in Atomera stock. Geode Capital Management LLC grew its position in shares of Atomera Incorporated (NASDAQ:ATOM - Free Report) by 98.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 719,509 shares of the technology company's stock after buying an additional 356,579 shares during the period. Geode Capital Management LLC owned 2.29% of Atomera worth $3,627,000 at the end of the most recent reporting period. 30.79% of the stock is currently owned by hedge funds and other institutional investors.
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.
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