Atomera (ATOM) Scheduled to Post Earnings on Thursday

Atomera (NASDAQ:ATOM - Get Free Report) will be issuing its quarterly earnings data after the market closes on Thursday, April 25th. Parties interested in listening to the company's conference call can do so using this link.

Atomera (NASDAQ:ATOM - Get Free Report) last announced its quarterly earnings results on Tuesday, February 13th. The technology company reported ($0.18) earnings per share for the quarter. The company had revenue of $0.55 million for the quarter.

Atomera Trading Down 0.9 %

Shares of NASDAQ:ATOM traded down $0.05 during mid-day trading on Friday, reaching $5.70. The stock had a trading volume of 198,567 shares, compared to its average volume of 221,973. The company has a current ratio of 5.35, a quick ratio of 5.35 and a debt-to-equity ratio of 0.10. The firm has a market cap of $153.33 million, a PE ratio of -7.13 and a beta of 1.26. The firm has a 50 day simple moving average of $6.40 and a two-hundred day simple moving average of $6.68. Atomera has a twelve month low of $4.96 and a twelve month high of $10.72.

Insiders Place Their Bets

In other Atomera news, CEO Scott A. Bibaud sold 8,027 shares of the firm's stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $6.20, for a total transaction of $49,767.40. Following the sale, the chief executive officer now directly owns 346,810 shares in the company, valued at approximately $2,150,222. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In the last three months, insiders have sold 17,518 shares of company stock worth $110,687. Company insiders own 13.00% of the company's stock.

Institutional Trading of Atomera

Hedge funds and other institutional investors have recently made changes to their positions in the business. Royal Bank of Canada grew its stake in shares of Atomera by 103.9% in the second quarter. Royal Bank of Canada now owns 3,210 shares of the technology company's stock valued at $28,000 after buying an additional 1,636 shares in the last quarter. BNP Paribas Arbitrage SNC boosted its position in shares of Atomera by 194.4% in the first quarter. BNP Paribas Arbitrage SNC now owns 4,493 shares of the technology company's stock valued at $29,000 after acquiring an additional 2,967 shares during the period. Barclays PLC boosted its position in shares of Atomera by 533.6% in the fourth quarter. Barclays PLC now owns 5,538 shares of the technology company's stock valued at $34,000 after acquiring an additional 4,664 shares during the period. BNP Paribas Arbitrage SA boosted its position in shares of Atomera by 150.3% in the second quarter. BNP Paribas Arbitrage SA now owns 4,796 shares of the technology company's stock valued at $45,000 after acquiring an additional 2,880 shares during the period. Finally, Citigroup Inc. bought a new stake in shares of Atomera in the second quarter valued at about $55,000. 30.79% of the stock is currently owned by institutional investors and hedge funds.

Atomera Company Profile

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.