Stock To Watch: Atmel Corporation (NASDAQ:ATML)


The leading market experts have placed a mean price target of $8.69 on Atmel Corporation (NASDAQ:ATML) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.00 a share for the upcoming quarter and $0.35 for the current fiscal.

Technical View

The technical analysis of Atmel Corporation plainly substantiates that the 50-day moving average of Atmel Corporation is $8.10, and stock is trading $0.04 points away or +0.46% from its 50-day moving average of $8.10. Further it is trading $-0.07 or -0.88% away its 200-day moving average of $8.21. Atmel Corporation (NASDAQ:ATML) 52-week high is $10.50 and the 52-week low is $5.84.

This explains if the stock moves $-2.36, it will post a 52-week high. In event of +39.38% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Atmel Corporation, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Atmel Corporation (NASDAQ:ATML) ratio came in at N/A.

The stock last ended the trading session at $8.14 and registered a market cap of $N/A. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Atmel Corporation (NASDAQ:ATML) PEG ratio is at 0.00.

1 Chart Pattern Every Investor Should Know

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