28-Mar-2024
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Everspin Technologies Expands Board of Directors with Appointment of Douglas Mitchell
Business Wire (Wed, 13-Mar 5:00 PM ET)
Everspin Technologies Submits Application for U.S. CHIPS and Science Act Funding
Business Wire (Mon, 11-Mar 5:00 PM ET)
Everspin Reports Unaudited Fourth Quarter and Full Year 2023 Financial Results
Business Wire (Wed, 28-Feb 4:00 PM ET)
Everspin Technologies to Present at the Baird Virtual Vehicle Technology & Mobility Conference
Business Wire (Mon, 26-Feb 5:00 PM ET)
Everspin Announces Date of Fourth Quarter and Full Year 2023 Financial Results Conference Call
Business Wire (Wed, 14-Feb 12:00 PM ET)
Everspin Technologies Announces Participation in 26th Annual Needham Growth Conference
Business Wire (Wed, 10-Jan 4:00 PM ET)
Everspin Technologies to Ring NASDAQ Closing Bell on January 18th
Business Wire (Tue, 9-Jan 4:00 PM ET)
Everspin Technologies Inc is a provider of Magnetoresistive Random Access Memory (MRAM) products. Its portfolio of MRAM technologies, including Toggle MRAM and Spin-transfer Torque MRAM (STT-MRAM), delivers superior performance, persistence, and reliability in non-volatile memories that transform how mission-critical data is protected against power loss. The company derives revenue from the sale of MRAM-based products in discrete unit form, licenses of and royalties on MRAM and magnetic sensor technology, the sale of backend foundry services, and design services to third parties. It recognizes revenue in three primary geographic regions; North America; Europe, the Middle East, and Africa (EMEA); and Asia-Pacific (APAC).
Everspin Technologies trades on the NASDAQ stock market under the symbol MRAM.
As of March 28, 2024, MRAM stock price declined to $7.92 with 62,866 million shares trading.
MRAM has a beta of -0.05, meaning it tends to be less sensitive to market movements. MRAM has a correlation of 0.00 to the broad based SPY ETF.
MRAM has a market cap of $166.51 million. This is considered a Micro Cap stock.
Last quarter Everspin Technologies reported $17 million in Revenue and $.09 earnings per share. This beat revenue expectation by $800,000 and missed earnings estimates by -$.03.
In the last 3 years, MRAM stock traded as high as $14.36 and as low as $4.71.
The top ETF exchange traded funds that MRAM belongs to (by Net Assets): VTI, VXF, DFAS, IWC, EES.
MRAM has underperformed the market in the last year with a price return of +20.0% while the SPY ETF gained +33.6%. MRAM has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -15.4% and -4.8%, respectively, while the SPY returned +10.1% and +1.7%, respectively.
MRAM support price is $7.76 and resistance is $8.24 (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 MRAM stock will trade within this expected range on the day.