Atomera Incorporated (NASDAQ:ATOM) Stock Position Lifted by Westside Investment Management Inc.

Westside Investment Management Inc. boosted its holdings in Atomera Incorporated (NASDAQ:ATOM) by 6.8% during the fourth quarter, HoldingsChannel.com reports. The fund owned 123,512 shares of the technology company’s stock after acquiring an additional 7,812 shares during the period. Westside Investment Management Inc.’s holdings in Atomera were worth $1,433,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also made changes to their positions in ATOM. Consolidated Planning Corp acquired a new stake in Atomera in the 3rd quarter valued at approximately $40,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Atomera in the third quarter worth about $44,000. XTX Topco Ltd acquired a new position in Atomera in the 3rd quarter worth approximately $76,000. Brendel Financial Advisors LLC purchased a new position in shares of Atomera during the fourth quarter valued at $124,000. Finally, GSA Capital Partners LLP increased its holdings in shares of Atomera by 28.0% in the 3rd quarter. GSA Capital Partners LLP now owns 65,428 shares of the technology company’s stock valued at $172,000 after purchasing an additional 14,327 shares during the period. Institutional investors own 30.79% of the company’s stock.

Atomera Price Performance

ATOM opened at $10.75 on Wednesday. The stock has a fifty day moving average price of $8.79 and a 200 day moving average price of $5.22. The company has a current ratio of 5.25, a quick ratio of 5.25 and a debt-to-equity ratio of 0.05. Atomera Incorporated has a 1 year low of $2.31 and a 1 year high of $17.55. The stock has a market cap of $309.24 million, a price-to-earnings ratio of -15.45 and a beta of 1.38.

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.