Atmus Filtration Technologies Inc (NYSE:ATMU) concluded the trading at $33.82 on current market day with a fall of -0.35% from its closing price on previous day.
Taking a look at stock we notice that its last check on previous day was $33.94 with its price kept floating in the range of $33.33 and $34.175 on the day. Company’s P/E ratio for the trailing 12 months is 16.22. Considering stock’s 52-week price range provides that ATMU hit a high price of $33.97 and saw its price falling to a low level of $18.21 during that period. Over a period of past 1-month, stock came adding 9.10% in its value.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
With its current market valuation of $2.82 billion, Atmus Filtration Technologies Inc is set to declare its quarterly results on 2024-Aug-02. ATMU Stock’s Forward Dividend of 0.05 and its yield of 0.15% are making investors’ thoughts stronger that it could climb further before the company announces its earnings for the current quarter.
In contrast, when we review ATMU stock’s current outlook then short term indicators are assigning it an average of 100% Buy, while medium term indicators are categorizing the stock at an average of 50% Buy. Long term indicators are suggesting an average of 100% Buy for it.
Digging deeper we become aware of the PEG ratio of the ATMU stock which is currently positioned at 32.43. It further provides that stock’s current price level is 8.12% away from its 20-day simple moving average and is 13.33% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 67.86 while volatility remained at 2.51% over the past week which changes to 3.05% when measuring it over the past month. Beta is valued at 1.68, while measure of average true range or ATR is currently at 0.99. In predicting price targets of as low as $34 and as high as $37, analysts are in agreement on assigning the stock over the next 12 months average price target of $35.5. Stock’s current price level is -0.53% above from estimated low price target while it is -9.4% below the estimated high; and even if the ATMU’s share succeeded to reach the median price of $35.5, then the outlook of -4.97% could come to the excitement of the investors.
Having a second look at Atmus Filtration Technologies Inc (NYSE:ATMU) provides that stock’s average daily trading volume for 3 months was 1.18 million, while it jumped to 1493000 when we calculate an average volume for past 10 days. Number of outstanding shares of the stock stood at 83.30 million.
The percentage of outstanding shares held by the insiders is 0.55% while it is 107.59% for the institutional holders. The figures also indicate that as of 2024-07-31, number of stock’s short shares was 1.72 million which implies a short ratio of 1.62. This shows down a 207.00 of Short Interest in company’s outstanding shares on the day. In July the standing of shares short improved as it was 2.56 million in the previous month. Addition of 43.98% by stock’s current price to its year-to-date value in last trading session is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.
