AtlasClear Holdings Inc (AMEX:ATCH) does about 10.09M shares in volume on a normal day but saw 5150617 shares change hands in the recent trading day. The company now has a market cap of 4.80M USD. Its current market price is $0.22, marking a decrease of -5.46% compared to the previous close of $0.23. The 52 week high reached by this stock is $10.26 whilst the lowest price level in 52 weeks is $0.12.
AtlasClear Holdings Inc (ATCH) has a 20-day trading average at $0.1948 and the current price is -97.87% off the 52-week high compared with 76.31% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.1972. If we look at the stock’s price movements over the week, volatility stands at 26.62%, which decreases to 21.36% 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 53.42 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 98.53% over the period.
The current price level is 11.95%, 10.60%, and -77.19% away from its SMA20, SMA50, and SMA200 respectively, with the ATCH price moving below the 50-day SMA on current market day. AtlasClear Holdings Inc (ATCH) stock is up 21.17% over the week and 32.10% over the past month. Its price is -96.48% year-to-date and -97.43% over the past year.
To reach the target analysts have set, the stock logically needs to grow 98.53 percent from here.
Outstanding shares total 23.28M with insiders holding 41.86% of the shares and institutional holders owning 9.10% of the company’s common stock. The company has a return on investment of -85158.69% and return on equity of -2165.63%. The beta has a value of -0.24. Price to sales ratio is 1.20.
