Atomera (ATOM) Receiving Favorable Press Coverage, Analysis Shows
Press coverage about Atomera (NASDAQ:ATOM) has been trending positive this week, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Atomera earned a coverage optimism score of 0.26 on Accern’s scale. Accern also gave press coverage about the technology company an impact score of 45.8918644169062 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Atomera (ATOM) traded up 1.47% during trading on Wednesday, reaching $6.20. 50,314 shares of the company’s stock were exchanged. The company’s market capitalization is $75.39 million. Atomera has a 52-week low of $4.25 and a 52-week high of $9.35. The stock’s 50-day moving average price is $5.75 and its 200-day moving average price is $5.80.
Atomera (NASDAQ:ATOM) last posted its quarterly earnings results on Tuesday, August 8th. The technology company reported ($0.30) EPS for the quarter.
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In other news, insider Robert J. Mears sold 7,238 shares of Atomera stock in a transaction that occurred on Thursday, August 10th. The shares were sold at an average price of $4.41, for a total transaction of $31,919.58. Following the sale, the insider now owns 57,226 shares in the company, valued at $252,366.66. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold 9,983 shares of company stock worth $43,037 in the last quarter.
Atomera Incorporated, formerly MEARS Technologies, Inc, is a development-stage company. The Company is engaged in the development, commercialization and licensing of processes and technologies for the semiconductor industry. The Company’s technology, named Mears Silicon Technology (MST), is a thin film of reengineered silicon, typically 100 to 300 angstroms (or approximately 20 to 60 silicon atomic unit cells) thick.
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