$ATER’s P/E ratio and potential increase for next week
7/14/2024 09:13pm
**The P/E ratio for Aterian, Inc. (ATER) is currently negative, indicating that the company is not profitable as the EPS is negative.** Here are some key points regarding the P/E ratio and the potential increase for next week:
1. **Negative P/E Ratio**: The P/E ratio for ATER is -0.44. This indicates that the company has a negative earnings per share (EPS), which is not a favorable sign as it suggests that the company is not profitable.
2. **Stock Price Forecast**: According to the forecast, the ATER stock price is expected to rise by 12.18% and reach $3.10 per share by July 19, 2024. This suggests a potential increase in the stock price.
3. **Market Sentiment**: The sentiment for ATER is bullish, with 22 technical analysis indicators signaling bullish signals, and 4 signaling bearish signals. This indicates that the market sentiment is positive, which could contribute to an increase in the stock price.
4. **Moving Averages**: The stock is currently trading above its 50-Day and 200-Day moving averages, which are $2.58 and $1.18889, respectively. This is a positive sign as it suggests that the stock is in an uptrend.
|code|stock code|stock name|last-price|last-change|5-Day Moving Average[20240712]|5-Day Moving Average rank[20240712]|market_code|
|---|---|---|---|---|---|---|---|
|SLNA|SLNA.O|Selina Hospitality|0.0690|2.9851|0.0649|1/6148|186|
|VHAI|VHAI.B|Vocodia Holdings|0.0740|7.2464|0.0703|2/6148|171|
|PRST|PRST.O|Presto Automation|0.0800|0.0000|0.0760|3/6148|185|
|AGRI|AGRI.O|AgriFORCE Growing|0.1000|21.9512|0.0813|4/6148|186|
|NDRA|NDRA.O|Endra Life Sciences|0.0914|5.0575|0.0893|5/6148|186|
|NCPL|NCPL.O|Netcapital|0.0983|5.6989|0.0949|6/6148|186|
|ASTI|ASTI.O|Ascent Solar Technologies|0.1044|4.4000|0.1043|7/6148|186|
|SMX|SMX.O|SMX|0.0904|-13.9048|0.1141|8/6148|186|
|VERB|VERB.O|Verb Technology|0.1186|-1.1667|0.1191|9/6148|186|
|TPHS|TPHS.A|Trinity Place Holdings|0.1222|0.9917|0.1195|10/6148|170|
|code|stock code|stock name|last-price|last-change|5-Day EXPMA[20240712]|market_code|
|---|---|---|---|---|---|---|
|BRK.A|BRK.A.N|Berkshire Hathaway A|639500.0000|1.6564|627685.9200|169|
|NVR|NVR.N|NVR|8062.2700|-0.0944|7825.2819|169|
|BKNG|BKNG.O|Booking Holdings|4026.4300|2.2869|3980.8259|185|
|SEB|SEB.A|Seaboard|3084.9200|1.1452|3073.5306|170|
|AZO|AZO.N|Autozone|2920.8300|1.3508|2878.6782|169|
|FCNCA|FCNCA.O|First Citizens Bancshares|1748.9000|0.0864|1734.0428|185|
|WTM|WTM.N|White Mountains Insurance Group|1717.5000|-0.8372|1727.9211|169|
|MELI|MELI.O|Mercadolibre|1761.2200|3.0767|1714.0992|185|
|AVGO|AVGO.O|Broadcom|1700.6700|-0.3095|1711.4989|185|
|MKL|MKL.N|Markel Group|1598.2900|1.5200|1574.3942|169|
5. **Stop-Loss**: The recommended stop-loss for ATER is $2.66, which is below the current trading price. This suggests that there is some room for the stock price to increase before reaching the stop-loss level.
6. **Volume and Liquidity**: There has been an increase in trading volume and the stock has higher liquidity, which can contribute to price stability and potential increase.
In conclusion, while the P/E ratio is negative, indicating that ATER is not profitable, the bullish market sentiment, the stock trading above key moving averages, and the potential for a stop-loss level to provide support all suggest that there is a potential for the stock price to increase next week. However, investors should consider the overall financial health of the company and the risks associated with a negative EPS.