4-Oct-2024
Analysts’ Opinions Are Mixed on These Technology Stocks: Lyft (LYFT) and ACM Research (ACMR)
TipRanks (Fri, 4-Oct 5:30 AM ET)
ACM Research: Strong Market Position and Growth Potential Justify Buy Rating
TipRanks (Fri, 4-Oct 5:30 AM ET)
Maintaining Buy Rating for ACM Research Amidst Positive Backlog Growth and Market Stability
TipRanks (Tue, 1-Oct 6:25 AM ET)
ACM Research's Operating Subsidiary ACM Research (Shanghai) Provides Backlog Data
Globe Newswire (Mon, 30-Sep 8:30 AM ET)
ACM Research Receives Orders for Wafer-Level Packaging Tools from U.S. Customer and R&D Center
Globe Newswire (Wed, 4-Sep 4:05 PM ET)
Globe Newswire (Tue, 3-Sep 4:05 PM ET)
Globe Newswire (Wed, 7-Aug 6:00 AM ET)
ACM Research Reports Second Quarter 2024 Results
Globe Newswire (Wed, 7-Aug 6:00 AM ET)
Globe Newswire (Mon, 29-Jul 4:05 PM ET)
ACM Research Appoints Howard Chen as General Counsel and Vice President of Corporate Strategy
Globe Newswire (Mon, 29-Jul 4:05 PM ET)
ACM Research Inc is a United-based company. It is engaged in developing, manufacturing, and selling single-wafer wet cleaning equipment, which is used by semiconductor manufacturers in numerous manufacturing steps to remove particles, contaminants, and other random defects to improve product yield, in fabricating integrated circuits, or chips. The company offers space alternated phase shift which employs alternating phases of megasonic waves to deliver megasonic energy to flat and patterned wafer surfaces on a microscopic level; and Timely Energized Bubble Oscillation technology which provides effective, damage-free cleaning for both conventional two and three-dimensional patterned wafers at process nodes.
Acm Research - Class A trades on the NASDAQ stock market under the symbol ACMR.
As of October 4, 2024, ACMR stock price climbed to $22.04 with 5,475,601 million shares trading.
ACMR has a beta of 3.43, meaning it tends to be more sensitive to market movements. ACMR has a correlation of 0.23 to the broad based SPY ETF.
ACMR has a market cap of $1.38 billion. This is considered a Small Cap stock.
Last quarter Acm Research - Class A reported $202 million in Revenue and $.55 earnings per share. This beat revenue expectation by $39 million and exceeded earnings estimates by $.20.
In the last 3 years, ACMR traded as high as $39.71 and as low as $5.46.
The top ETF exchange traded funds that ACMR belongs to (by Net Assets): VTI, IWM, PSI, VGT, VXF.
ACMR has underperformed the market in the last year with a return of +22.4%, while the SPY ETF gained +36.6%. In the last 3 month period, ACMR fell short of the market, returning -7.7%, while SPY returned +4.2%. However, in the most recent 2 weeks ACMR has outperformed the stock market by returning +29.3%, while SPY returned +0.8%.
ACMR support price is $18.16 and resistance is $19.64 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ACMR shares will trade within this expected range on the day.