Currently, ACM Research Inc [ACMR] is trading at $18.68, up 1.52%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The ACMR shares have gain 0.48% over the last week, with a monthly amount drifted -3.86%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
ACM Research Inc [NASDAQ: ACMR] stock has seen the most recent analyst activity on February 29, 2024, when Goldman upgraded its rating to a Buy but kept the price target unchanged to $39 for it. Previously, Jefferies upgraded its rating to Buy on July 03, 2023, and elevated its price target to $23.40. On March 06, 2023, upgrade upgraded it’s rating to Overweight. Jefferies downgraded its rating to a Underperform and increased its price target to $8 on February 27, 2023. Morgan Stanley downgraded its rating to a Underweight but $10 remained the price target by the analyst firm on February 22, 2023. Jefferies upgraded its rating to Hold for this stock on November 07, 2022, and downed its price target to $7. In a note dated October 18, 2022, Morgan Stanley downgraded an Equal-Weight rating on this stock and revised its target price from $28 to $9.
This stock has fluctuated between a low of $13.94 and a high of $34.40 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $44 within the next 12 months. ACM Research Inc [NASDAQ: ACMR] shares were valued at $18.68 at the most recent close of the market. An investor can expect a potential return of 135.55% based on the average ACMR price forecast.
Analyzing the ACMR fundamentals
Trailing Twelve Months sales for ACM Research Inc [NASDAQ:ACMR] were 728.97M which represents 21.00% growth. Gross Profit Margin for this corporation currently stands at 0.49% with Operating Profit Margin at 0.18%, Pretax Profit Margin comes in at 0.19%, and Net Profit Margin reading is 0.12%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.11 and Total Capital is 0.11. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.16.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 18.33 points at the first support level, and at 17.98 for the second support level. However, for the 1st resistance point, the stock is sitting at 18.91, and for the 2nd resistance point, it is at 19.15.
Ratios To Look Out For
To put it in perspective, the Current Ratio for ACM Research Inc [NASDAQ:ACMR] is 2.37. Also, the Quick Ratio is 1.34, while the Cash Ratio stands at 0.55. Considering the valuation of this stock, the price to sales ratio is 1.60, the price to book ratio is 1.32 and price to earnings (TTM) ratio is 14.08.
Transactions by insiders
Recent insider trading involved Shanghai Science & Technology, Possible member of 10% group, that happened on Oct 04 ’24 when 0.7 million shares were sold. Possible member of 10% group, Shanghai Science & Technology completed a deal on Oct 07 ’24 to sell 0.28 million shares. Meanwhile, Possible member of 10% group Shanghai Science & Technology sold 90396.0 shares on Oct 08 ’24.
