Atomera Target of Unusually High Options Trading (NASDAQ:ATOM)

Atomera Incorporated (NASDAQ:ATOM) was the recipient of some unusual options trading activity on Wednesday. Investors acquired 6,286 call options on the company. This is an increase of approximately 284% compared to the typical daily volume of 1,638 call options.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. BIT Capital GmbH acquired a new position in shares of Atomera during the fourth quarter worth $161,000. Commonwealth Equity Services LLC grew its position in Atomera by 2.8% during the 4th quarter. Commonwealth Equity Services LLC now owns 83,154 shares of the technology company’s stock worth $965,000 after acquiring an additional 2,300 shares during the last quarter. SLT Holdings LLC acquired a new position in Atomera in the 4th quarter worth about $116,000. Sigma Planning Corp raised its position in Atomera by 99.2% in the fourth quarter. Sigma Planning Corp now owns 49,810 shares of the technology company’s stock valued at $578,000 after purchasing an additional 24,810 shares during the last quarter. Finally, Quantum Private Wealth LLC boosted its stake in shares of Atomera by 22.2% during the fourth quarter. Quantum Private Wealth LLC now owns 356,721 shares of the technology company’s stock valued at $4,138,000 after purchasing an additional 64,700 shares in the last quarter. Institutional investors and hedge funds own 30.79% of the company’s stock.

Atomera Stock Down 40.2 %

Shares of NASDAQ ATOM traded down $3.48 during midday trading on Wednesday, reaching $5.18. The company’s stock had a trading volume of 3,027,541 shares, compared to its average volume of 1,039,005. Atomera has a fifty-two week low of $2.31 and a fifty-two week high of $17.55. The company has a current ratio of 5.25, a quick ratio of 5.25 and a debt-to-equity ratio of 0.05. The stock has a 50 day simple moving average of $9.85 and a 200-day simple moving average of $5.82. The stock has a market capitalization of $148.94 million, a price-to-earnings ratio of -7.38 and a beta of 1.38.

Atomera (NASDAQ:ATOM) last announced its quarterly earnings data on Tuesday, February 11th. The technology company reported ($0.16) EPS for the quarter, missing the consensus estimate of ($0.14) by ($0.02). Atomera had a negative net margin of 2,773.11% and a negative return on equity of 104.98%.

Atomera Company Profile

Atomera Incorporated engages in the developing, commercializing, and licensing proprietary processes and technologies for the semiconductor industry in North America and the Asia Pacific. The company's lead technology is the Mears Silicon Technology, a thin film of reengineered silicon that can be applied as a transistor channel enhancement to CMOS-type transistors.