Atomera (NASDAQ:ATOM) issued its quarterly earnings data on Wednesday. The technology company reported ($0.24) EPS for the quarter, missing the consensus estimate of ($0.21) by ($0.03), Bloomberg Earnings reports. The firm had revenue of $0.07 million during the quarter, compared to analysts’ expectations of $0.13 million.
Shares of ATOM traded up $0.02 on Friday, reaching $4.52. 53,067 shares of the company’s stock traded hands, compared to its average volume of 76,898. The company has a debt-to-equity ratio of 0.01, a quick ratio of 17.32 and a current ratio of 17.32. The firm has a market capitalization of $80.64 million, a PE ratio of -4.43 and a beta of 0.70. The business has a 50 day moving average price of $4.89. Atomera has a 52-week low of $2.33 and a 52-week high of $6.45.
ATOM has been the subject of a number of research analyst reports. Zacks Investment Research raised Atomera from a “hold” rating to a “buy” rating and set a $5.00 price target for the company in a research report on Friday. ValuEngine raised Atomera from a “hold” rating to a “buy” rating in a research report on Friday, July 26th.
Atomera Incorporated engages in developing, commercializing, and licensing proprietary materials, processes, and technologies for the semiconductor industry primarily in Europe and the Asia Pacific. The company's lead technology is 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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