A Few Bright Spots In AtlasClear Holdings Inc (AMEX: ATCH)

AtlasClear Holdings Inc (AMEX:ATCH) currently has a daily average trading volume of 3.00M but it saw 1357113 shares traded in last market. With a market cap of 2.74M USD, the company’s current market price of $0.22 came rising about 9.73 while comparing to the previous closing price of $0.20. In past 52 weeks, the stock remained buoying in the range of price level as high as $11.90 and as low as $0.14. In the recent trading on the day, stock has struck highest price mark of $0.2021 while lowest mark touched by it was $0.24.

Taking a look at 20-day trading activity of AtlasClear Holdings Inc (ATCH) gives us an average price of $0.1996, while its current price level is -98.15% below from 52-week high level whereas it is 57.14% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.2441. A closer look into the stock’s movement over the week reveals that its volatility is standing at 18.97% during that period while stretching the period over a month that decreases to 18.13%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 48.19 which implies that the stock is in neutral territory.

Over the week, ATCH’s stock price is moving -24.91% down while it is -8.33% when we observe its performance for the past one month. Year-to-date it is -96.45% down and over the past year, the stock is showing a downside performance of -97.93%.

Currently, AtlasClear Holdings Inc’s total number of outstanding shares is 10.08M. Company’s return on investment (ROI) stands at -2584.19% and return on equity (ROE) at -395.09%. Stock’s beta reads -0.47. Stock has a price to sale or P/S ratio amounts to 2.16. Its return on asset (ROA) is -131.31% on average.