The stock of Aterian Inc. (NASDAQ:ATER) decreased by -$0.04 on Friday to finish at $0.40, down -8.44 percent. The last five days have seen an average of 2,132,541 shares of common stock traded. 10 times new highs were reached in the current year, with a fall of -$0.3704. The average number of shares traded over the last 20 days was 1,475,690, while the average volume over the last 50 days totaled 1,461,440.
ATER stock dropped -31.04% since last month. On 08/11/23, the company’s shares reached a one-month low of $0.3300. The stock touched a high of $3.58 on 02/02/23, after rallying from a low of $0.33 in 52 weeks. The price of ATER stock has declined by -47.99% or -$0.3704 this year, reaching a new high 10 times. Still, the stock price is down -88.81% from the 52-week high.
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Insider Transactions
ATER stock investors should be aware that Aterian Inc. (ATER) stock had its last reported insider trading activity 63 days ago on Jun 12. On Jun 12, Chief Executive Officer Sarig Yaniv Zion sold 93,378 shares at $0.51 each. This transaction resulted in the insider making $47,567. On Jun 12, Rodriguez Arturo sold 74,771 shares at a price of US$0.51. After the transaction, the insider now owns 1,333,008 shares. Chief Technology Officer Zahut Roi Zion had earlier sold 72,631 shares on Jun 12 for $0.51 a share. The transaction was completed for $36,976.
Valuation Metrics
Beta for the stock is 1.86. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 0.12, the price-to-book (PB) ratio of 0.66.
Financial Health
For the three months ended June 29, Aterian Inc.’s quick ratio was 1.00, while its current ratio was 1.90, indicating its ability to pay off its debt. As far as profitability goes, gross margin for the trailing twelve months is 47.10% percent. Aterian Inc.’s EBITDA margin for the year ended June 29 was -23.67%, whereas its operating margin stood at -90.10% for the same period. Based on annual data, it had gross profit of $105.52 million and revenue of $221.17 million.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. ATER’s return on assets (ROA) during the last 12 months has been -149.30%. There was a -141.00% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was -241.80%.
Earnings Surprise
According to Aterian Inc.’s quarterly financial report for the quarter that ended June 29. A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $34.9 million, while revenues fell by -66.96% to $34.88 million. It was predicted that Aterian Inc.’s quarterly earnings would be -$0.45, but it ended up being -$0.13, beating the consensus by -246.20%. EBITDA was -$12.34 million for the quarter. At the end of Aterian Inc.’s most recent quarter ended June 29, its liabilities totaled 42.31 million, while its total debt was $16.95 million. Equity owned by shareholders amounts to $85.32 million.
Technical Picture
Here’s a quick look at Aterian Inc.’s (ATER) price momentum from a technical perspective. As of 11 August, the RSI 9-day stood at 39.92%, suggesting the stock is Neutral, with a 160.00% historical volatility rate.
The stochastic %K and %D were 18.19% and 12.35% respectively, while the average true range (ATR) was 0.0584. Based on the 14-day stochastic reading of 20.70%, the RSI (14) reading is 40.29%. On the 9-day MACD Oscillator, the stock is at -0.0170, and the 14-day reading is at -0.0553.
Analyst Ratings
In its analyst report released on January 30, 2023, Craig Hallum began covering Aterian Inc. (NASDAQ: ATER). The stock was rated as a Buy by the brokerage firm.
