Could AtlasClear Holdings Inc (ATCH) stock price achieve new all-time highs if its expected earnings and revenue increase?

In Thursday’s Wall Street session, AtlasClear Holdings Inc (AMEX:ATCH) shares traded at $0.21, up 6.20% from the previous session.

ATCH stock price is now -61.76% away from the 50-day moving average and -97.19% away from the 200-day moving average. The market capitalization of the company currently stands at $3.33M.

In other news, Atlas Fintech Holdings Corp., 10% Owner sold 6,250 shares of the company’s stock on Nov 18 ’24. The stock was sold for $99,562 at an average price of $15.93. Upon completion of the transaction, the 10% Owner now directly owns 100,952 shares in the company, valued at $21199.92. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 19 ’24, 10% Owner Atlas Fintech Holdings Corp. sold 2,083 shares of the business’s stock. A total of $27,058 was realized by selling the stock at an average price of $12.99. This leaves the insider owning 98,869 shares of the company worth $20762.49. A total of 17.13% of the company’s stock is owned by insiders.

During the past 12 months, AtlasClear Holdings Inc has had a low of $0.19 and a high of $83.99. The fifty day moving average price for ATCH is $0.55992 and a two-hundred day moving average price translates $7.61358 for the stock.

The latest earnings results from AtlasClear Holdings Inc (AMEX: ATCH) was released for 2024-03-31. The net profit margin was -3001.14% and return on equity was -2165.63% for ATCH. The company reported revenue of $2.54 million for the quarter, compared to $1.27 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 100.08 percent.

Related Posts

Fosters Research
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.