Ichor Holdings Ltd (NASDAQ:ICHR) shares, rose in value on Friday, March 28, with the stock price down by -7.92% to the previous day’s close as strong demand from buyers drove the stock to $23.19.
Actively observing the price movement in the last trading, the stock closed the session at $25.18, falling within a range of $23.11 and $25.2. The value of beta (5-year monthly) was 1.918. Referring to stock’s 52-week performance, its high was $42.70, and the low was $24.61. On the whole, ICHR has fluctuated by -21.23% over the past month.
With the market capitalization of Ichor Holdings Ltd currently standing at about $788.53 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-03.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 995M, with a low estimate of 244.7M and a high estimate of 245M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 244.95M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that ICHR’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of ICHR currently trading nearly -13.24% and -20.43% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 32.05, while the 7-day volatility ratio is showing 5.53% which for the 30-day chart, stands at 5.50%. Furthermore, Ichor Holdings Ltd (ICHR)’s beta value is 1.85, and its average true range (ATR) is 1.53.
A comparison of Ichor Holdings Ltd (ICHR) with its peers suggests the former has fared considerably weaker in the market. ICHR showed an intraday change of -7.92% in last session, and over the past year, it shrunk by -38.76%%.
Data on historical trading for Ichor Holdings Ltd (NASDAQ:ICHR) indicates that the trading volumes over the past 10 days have averaged 0.28 and over the past 3 months, they’ve averaged 319.92K. According to company’s latest data on outstanding shares, there are 33.86 million shares outstanding.
Nearly 2.63% of Ichor Holdings Ltd’s shares belong to company insiders and institutional investors own 94.44% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.06 million shares as on 2025-03-14, resulting in a short ratio of 2.78. According to the data, the short interest in Ichor Holdings Ltd (ICHR) stood at 368.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 0.87 million. The stock has fallen by -28.03% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ICHR stock heading into the next quarter.
