AtlasClear Holdings Inc (AMEX:ATCH) does about 238.94K shares in volume on a normal day but saw 1490437 shares change hands in the recent trading day. The company now has a market cap of 3.09M USD. Its current market price is $0.25, marking a decrease of -32.87% compared to the previous close of $0.37. The 52 week high reached by this stock is $11.90 whilst the lowest price level in 52 weeks is $0.21.
AtlasClear Holdings Inc (ATCH) has a 20-day trading average at $0.3392 and the current price is -97.92% off the 52-week high compared with 17.95% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.7270. If we look at the stock’s price movements over the week, volatility stands at 26.81%, which decreases to 22.54% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 32.03 to suggest the stock is neutral.
The consensus objective for the share price is $15.00, suggesting that the stock has a potential upside of 98.33% over the period.
AtlasClear Holdings Inc (ATCH) stock is down -7.95% over the week and -58.71% over the past month. Its price is -96.00% year-to-date and -97.62% over the past year.
To reach the target analysts have set, the stock logically needs to grow 98.33 percent from here.
Outstanding shares total 10.08M with insiders holding 55.67% of the shares and institutional holders owning 14.17% of the company’s common stock. The company has a return on investment of -2584.19% and return on equity of -395.09%. The beta has a value of -0.43. Price to sales ratio is 2.43.
