While ACM Research Inc has overperformed by 2.65%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, ACMR rose by 6.23%, with highs and lows ranging from $34.40 to $12.53, whereas the simple moving average fell by -4.51% in the last 200 days.
On February 29, 2024, Goldman Upgraded ACM Research Inc (NASDAQ: ACMR) to Buy. A report published by Jefferies on July 03, 2023, Upgraded its rating to ‘Buy’ for ACMR. Jefferies February 27, 2023d the rating to Underperform on February 27, 2023, and set its price target from $7 to $8. Morgan Stanley February 22, 2023d its ‘Equal-Weight’ rating to ‘Underweight’ for ACMR, as published in its report on February 22, 2023. Jefferies’s report from November 07, 2022 suggests a price prediction of $7 for ACMR shares, giving the stock a ‘Hold’ rating. Morgan Stanley also rated the stock as ‘Equal-Weight’.
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Analysis of ACM Research Inc (ACMR)
Further, the quarter-over-quarter increase in sales is 40.05%, showing a positive trend in the upcoming months.
In order to gain a clear picture of ACM Research Inc’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. The goal here is to ensure that your current return on equity of 11.15% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.26, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
An average volume of 1.47M can be a very valuable indicator of volatility for ACMR stock. On a monthly basis, the volatility of the stock is set at 5.95%, whereas on a weekly basis, it is put at 7.97%, with a loss of -3.27% over the past seven days. Furthermore, long-term investors anticipate a median target price of $33.12, showing growth from the present price of $21.32, which can serve as yet another indication of whether ACMR is worth investing in or should be passed over.
How Do You Analyze ACM Research Inc Shares?
The USA based company ACM Research Inc (ACMR) is one of the biggest names in Semiconductor Equipment & Materials. When comparing ACM Research Inc shares with other companies under Technology, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 16.96, there is a growth in quarterly earnings of -13.54%.
In addition to the fundamentals, you should also consider how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 23.82%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 55.59% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
ACMR shares are owned by institutional investors to the tune of 55.59% at present.
