Atomera (NASDAQ:ATOM) Trading 2.9% Higher

Atomera Incorporated (NASDAQ:ATOM) traded up 2.9% during mid-day trading on Tuesday . The company traded as high as $3.88 and last traded at $3.86. 219,987 shares traded hands during trading, a decline of 15% from the average session volume of 259,172 shares. The stock had previously closed at $3.75.

Atomera Price Performance

The stock’s fifty day moving average price is $4.21 and its 200-day moving average price is $5.86. The firm has a market cap of $103.80 million, a price-to-earnings ratio of -4.95 and a beta of 1.59. The company has a current ratio of 6.78, a quick ratio of 6.78 and a debt-to-equity ratio of 0.08.

Atomera (NASDAQ:ATOM) last posted its earnings results on Wednesday, May 1st. The technology company reported ($0.19) earnings per share for the quarter, missing the consensus estimate of ($0.15) by ($0.04). The company had revenue of $0.02 million for the quarter.

Institutional Trading of Atomera

Several institutional investors have recently added to or reduced their stakes in ATOM. Quantum Private Wealth LLC increased its holdings in Atomera by 25.4% in the 1st quarter. Quantum Private Wealth LLC now owns 301,720 shares of the technology company’s stock valued at $1,859,000 after purchasing an additional 61,074 shares during the last quarter. Avenir Corp boosted its stake in Atomera by 18.1% in the fourth quarter. Avenir Corp now owns 372,761 shares of the technology company’s stock valued at $2,613,000 after acquiring an additional 57,045 shares in the last quarter. GSA Capital Partners LLP boosted its stake in Atomera by 32.8% in the first quarter. GSA Capital Partners LLP now owns 142,541 shares of the technology company’s stock valued at $878,000 after acquiring an additional 35,175 shares in the last quarter. Virtu Financial LLC acquired a new position in Atomera in the first quarter valued at $216,000. Finally, WealthTrust Axiom LLC acquired a new position in Atomera in the fourth quarter valued at $70,000. Institutional investors and hedge funds own 30.79% of the company’s stock.

About Atomera

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.