With 81560.0 shares changed hands, the volume of the stock remained lighter than its average volume of 0.12 million shares. During the session, the Telecom Services company that operates in wider Communication Services sector, reached to the highest price of $29.79 whereas the lowest price it dropped to was $28.8. The 52-week range on ATEX shows that it touched its highest point at $42.41 and its lowest point at $28.83 during that stretch. It currently has a 1-year price target of $78.67. Beta for the stock currently stands at 0.88.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ATEX was down-trending over the past week, with a drop of -3.03%, but this was down by -11.93% over a month. Three-month performance dropped to -15.94% while six-month performance fell -26.91%. The stock lost -8.12% in the past year, while it has lost -3.03% so far this year. A look at the trailing 12-month EPS for ATEX yields -2.02 with Next year EPS estimates of -0.61. For the next quarter, that number is -0.57. This implies an EPS growth rate of -457.78% for this year and 77.65% for next year.
Float and Shares Shorts:
At present, 18.62 million ATEX shares are outstanding with a float of 17.97 million shares on hand for trading. On 2024-12-13, short shares totaled 0.64 million, which was 345.0 higher than short shares on 1731628800. In addition to Mr. Ryan Gerbrandt as the firm’s Chief Operating Officer, Mr. Christopher Guttman-McCabe serves as its Chief Regulatory & Communications Officer.
Institutional Ownership:
Through their ownership of 0.85065 of ATEX’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, ATEX reported revenue of $1551000.0 and operating income of -$13130000.0. The EBITDA in the recently reported quarter was -$12979000.0 and diluted EPS was -$0.69.
Analysts Ratings:
In the same way, a target price assigned to a stock can also reveal much about its potential. With ATEX analysts setting a high price target of 100.0 and a low target of 61.0, the average target price over the next 12 months is 78.66667. Based on these targets, ATEX could surge 236.25% to reach the target high and rise by 105.11% to reach the target low. Reaching the average price target will result in a growth of 164.51% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.02703443 being high and -$0.09912626 being low. For ATEX, this leads to a yearly average estimate of -$0.051816.
