Atomera Incorporated (NASDAQ:ATOM - Get Free Report) was the recipient of some unusual options trading on Wednesday. Traders acquired 6,286 call options on the company. This is an increase of 284% compared to the typical daily volume of 1,638 call options.
Hedge Funds Weigh In On Atomera
Several large investors have recently made changes to their positions in ATOM. Sargent Investment Group LLC raised its stake in Atomera by 200.4% during the 4th quarter. Sargent Investment Group LLC now owns 279,185 shares of the technology company's stock valued at $2,945,000 after purchasing an additional 186,240 shares during the period. Avenir Corp grew its holdings in Atomera by 32.2% during the 4th quarter. Avenir Corp now owns 516,525 shares of the technology company's stock valued at $5,992,000 after buying an additional 125,874 shares in the last quarter. Quantum Private Wealth LLC raised its position in shares of Atomera by 22.2% during the fourth quarter. Quantum Private Wealth LLC now owns 356,721 shares of the technology company's stock valued at $4,138,000 after buying an additional 64,700 shares during the last quarter. EAM Investors LLC purchased a new position in shares of Atomera in the fourth quarter worth $710,000. Finally, Schonfeld Strategic Advisors LLC bought a new position in shares of Atomera during the fourth quarter worth $453,000. 30.79% of the stock is currently owned by hedge funds and other institutional investors.
Atomera Stock Down 8.1 %
Atomera stock traded down $0.54 during midday trading on Friday, hitting $6.11. The stock had a trading volume of 848,327 shares, compared to its average volume of 815,014. Atomera has a 52-week low of $2.31 and a 52-week high of $17.55. The firm's fifty day moving average is $9.82 and its two-hundred day moving average is $5.86. The company has a current ratio of 5.25, a quick ratio of 5.25 and a debt-to-equity ratio of 0.05.
Atomera (NASDAQ:ATOM - Get Free Report) last announced its quarterly earnings data on Tuesday, February 11th. The technology company reported ($0.16) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.14) by ($0.02). Atomera had a negative return on equity of 104.98% and a negative net margin of 2,773.11%.
About Atomera
(
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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.
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