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

Atomera Incorporated (NASDAQ:ATOM) was the recipient of unusually large options trading activity on Wednesday. Stock investors purchased 6,286 call options on the stock. This represents an increase of approximately 284% compared to the typical daily volume of 1,638 call options.

Hedge Funds Weigh In On Atomera

Hedge funds and other institutional investors have recently bought and sold shares of the stock. SLT Holdings LLC purchased a new position in shares of Atomera during the fourth quarter valued at approximately $116,000. Brendel Financial Advisors LLC bought a new position in shares of Atomera during the 4th quarter valued at $124,000. BIT Capital GmbH purchased a new position in shares of Atomera in the 4th quarter worth $161,000. Consolidated Planning Corp bought a new stake in shares of Atomera in the third quarter worth $40,000. Finally, Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Atomera in the third quarter worth $44,000. Institutional investors own 30.79% of the company’s stock.

Atomera Trading Down 38.5 %

NASDAQ:ATOM opened at $5.32 on Thursday. Atomera has a 52 week low of $2.31 and a 52 week high of $17.55. The stock has a market cap of $153.11 million, a price-to-earnings ratio of -7.60 and a beta of 1.38. The company’s 50 day moving average price is $9.85 and its 200-day moving average price is $5.82. The company has a quick ratio of 5.25, a current ratio of 5.25 and a debt-to-equity ratio of 0.05.

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

About Atomera

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.