The trading price of AtlasClear Holdings Inc (AMEX:ATCH) floating lower at last check on current market day and closing at $0.21, -6.37% lower than its previous close.
Traders who pay close attention to intraday price movement should know that it has been fluctuating between $0.19 and $0.222. In examining the 52-week price action we see that the stock hit a 52-week high of $10.26 and a 52-week low of $0.12. Over the past month, the stock has gained 6.08% in value.
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AtlasClear Holdings Inc, whose market valuation is $4.79 million at the time of this writing, is expected to release its quarterly earnings report in December. Investors’ optimism about the company’s current quarter earnings report is understandable.
A quick review shows that ATCH’s price is currently 9.61% off the SMA20 and 6.18% off the SMA50. The RSI metric on the 14-day chart is currently showing 51.90, and weekly volatility stands at 20.70%. When measured over the past 30 days, the indicator reaches 20.03%. AtlasClear Holdings Inc (AMEX:ATCH)’s beta value is currently sitting at -0.31, while the Average True Range indicator is currently displaying 0.05.
To see how AtlasClear Holdings Inc stock has been performing today in comparison to its peers in the industry, here are the numbers: ATCH stock’s performance was -6.37% at last check in today’s session, and -97.85% in the past year.
An evaluation of the daily trading volume of AtlasClear Holdings Inc (AMEX:ATCH) indicates that the 3-month average is 9.92 million. However, this figure has increased over the past 10 days to an average of 45.82.
Currently, records show that 23.28 million of the company’s shares remain outstanding. The insiders hold 46.28% of outstanding shares, whereas institutions hold 10.54%. The stats also highlight that short interest as of 2024-10-31, stood at 25285.0 shares, resulting in a short ratio of 0.05 at that time. From this, we can conclude that short interest is 17.00 of the company’s total outstanding shares. It is noteworthy that short shares in October were down slightly from the previous month’s figure, which was 0.65 million. However, since the stock’s price has seen -96.68% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
