Atomera Inc’s recently made public that its Chief Technology Officer Mears Robert J unloaded Company’s shares for reported $22498.0 on Mar 04 ’24. In the deal valued at $6.83 per share,3,294 shares were sold. As a result of this transaction, Mears Robert J now holds 138,730 shares worth roughly $0.92 million.
Then, BIBAUD SCOTT A. sold 8,027 shares, generating $49,767 in total proceeds. Upon selling the shares at $6.20, the CEO and President now owns 346,810 shares.
Before that, Laurencio Francis sold 2,790 shares. Atomera Inc shares valued at $17,298 were divested by the CFO at a price of $6.20 per share. As a result of the transaction, Laurencio Francis now holds 100,818 shares, worth roughly $0.67 million.
Craig Hallum initiated its Atomera Inc [ATOM] rating to a Buy in a research note published on June 09, 2021; the price target was $28. A number of analysts have revised their coverage, including ROTH Capital’s analysts, who began to cover the stock in mid October with a ‘”a Buy”‘ rating. Loop Capital began covering ATOM with “Buy” recommendation on June 22, 2018.
Price Performance Review of ATOM
On Tuesday, Atomera Inc [NASDAQ:ATOM] saw its stock jump 9.08% to $6.61. Over the last five days, the stock has gained 8.01%. Atomera Inc shares have fallen nearly -5.71% since the year began. Nevertheless, the stocks have risen 11.84% over the past one year. While a 52-week high of $10.72 was reached on 02/12/24, a 52-week low of $4.96 was recorded on 03/26/24. SMA at 50 days reached $6.76, while 200 days put it at $6.89. A total of 0.26 million shares were traded, compared to the trading of 0.13 million shares in the previous session.
Levels Of Support And Resistance For ATOM Stock
The 24-hour chart illustrates a support level at 6.19, which if violated will result in even more drops to 5.77. On the upside, there is a resistance level at 6.85. A further resistance level may holdings at 7.09. The Relative Strength Index (RSI) on the 14-day chart is 54.89, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.03, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 9.09%. Stochastics %K at 49.83% indicates the stock is a holding.
How much short interest is there in Atomera Inc?
A steep rise in short interest was recorded in Atomera Inc stocks on Mar 15, 2024, growing by 80000.0 shares to a total of 4.88 million shares. Yahoo Finance data shows the prior-month short interest on Feb 15, 2024 was 4.8 million shares. There was a rise of 1.64%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 19.00% of the overall stock float, the days-to-cover ratio (short ratio) rose to 21.06.
