Atomera (NASDAQ:ATOM - Get Free Report) posted its quarterly earnings results on Wednesday. The technology company reported ($0.19) earnings per share for the quarter, missing the consensus estimate of ($0.15) by ($0.04), Yahoo Finance reports. The business had revenue of $0.02 million during the quarter.
Atomera Price Performance
NASDAQ ATOM traded down $0.24 during trading hours on Wednesday, reaching $4.40. The company's stock had a trading volume of 425,260 shares, compared to its average volume of 236,536. The firm has a market capitalization of $118.36 million, a price-to-earnings ratio of -5.64 and a beta of 1.26. Atomera has a 1-year low of $3.68 and a 1-year high of $10.72. The company has a debt-to-equity ratio of 0.10, a current ratio of 5.35 and a quick ratio of 5.35. The company's 50-day moving average is $6.03 and its two-hundred day moving average is $6.60.
Insider Buying and Selling
In related news, CEO Scott A. Bibaud sold 8,027 shares of the company's stock in a transaction dated Friday, March 1st. The stock was sold at an average price of $6.20, for a total value of $49,767.40. Following the completion of the transaction, the chief executive officer now owns 346,810 shares of the company's stock, valued at approximately $2,150,222. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In the last 90 days, insiders sold 17,518 shares of company stock valued at $110,687. 13.00% of the stock is owned by company insiders.
Atomera Company Profile
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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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