With 4.09 million shares changed hands, the volume of the stock remained heavier than its average volume of 3.86 million shares. The 52-week range on ASM shows that it touched its highest point at $3.47 and its lowest point at $0.83 during that stretch. It currently has a 1-year price target of $3.25. Beta for the stock currently stands at 1.66.
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 ASM was up-trending over the past week, with a rise of 7.48%, but this was up by 57.53% over a month. Three-month performance surged to 176.00% while six-month performance rose 210.81%. The stock gained 222.43% in the past year, while it has gained 291.60% so far this year. A look at the trailing 12-month EPS for ASM yields 0.09 with Next year EPS estimates of 0.20. For the next quarter, that number is 0.04. This implies an EPS growth rate of 141.67% for this year and 39.66% for next year.
Float and Shares Shorts:
At present, 144.77 million ASM shares are outstanding with a float of 136.89 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ASM since 2 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
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 $0.07557213 being high and $0.04760114 being low. For ASM, this leads to a yearly average estimate of $0.0625.
