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Resonant Inc is a semiconductors business based in the US. Resonant shares (RESN) are listed on the NASDAQ and all prices are listed in US Dollars. Resonant employs 77 staff and has a trailing 12-month revenue of around USD$1.7 million.
Since the stock market crash in March caused by coronavirus, Resonant's share price has had significant positive movement.
Its last market close was USD$2.43, which is 23.87% up on its pre-crash value of USD$1.85 and 155.63% up on the lowest point reached during the March crash when the shares fell as low as USD$0.9506.
If you had bought USD$1,000 worth of Resonant shares at the start of February 2020, those shares would have been worth USD$413.79 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$931.03.
|Latest market close||USD$2.43|
|52-week range||USD$0.9506 - USD$3.29|
|50-day moving average||USD$2.4496|
|200-day moving average||USD$2.3571|
|Wall St. target price||USD$3.9|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||USD$-1.011|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2020-10-16)||2.43|
|1 month (2020-09-25)||8.48%|
|3 months (2020-07-24)||3.85%|
|6 months (2020-04-24)||5.19%|
|1 year (2019-10-25)||13.55%|
|2 years (2018-10-25)||-24.53%|
|3 years (2017-10-25)||-42.55%|
|5 years (2015-10-23)||-37.69%|
|Revenue TTM||USD$1.7 million|
|Gross profit TTM||USD$735,000|
|Return on assets TTM||-77.71%|
|Return on equity TTM||-169.13%|
|Market capitalisation||USD$133.8 million|
TTM: trailing 12 months
There are currently 7.5 million Resonant shares held short by investors – that's known as Resonant's "short interest". This figure is 1.3% up from 7.4 million last month.
There are a few different ways that this level of interest in shorting Resonant shares can be evaluated.
Resonant's "short interest ratio" (SIR) is the quantity of Resonant shares currently shorted divided by the average quantity of Resonant shares traded daily (recently around 910987.78718259). Resonant's SIR currently stands at 8.27. In other words for every 100,000 Resonant shares traded daily on the market, roughly 8270 shares are currently held short.
However Resonant's short interest can also be evaluated against the total number of Resonant shares, or, against the total number of tradable Resonant shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Resonant's short interest could be expressed as 0.14% of the outstanding shares (for every 100,000 Resonant shares in existence, roughly 140 shares are currently held short) or 0.1518% of the tradable shares (for every 100,000 tradable Resonant shares, roughly 152 shares are currently held short).
A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Resonant.
Find out more about how you can short Resonant stock.
We're not expecting Resonant to pay a dividend over the next 12 months.
Over the last 12 months, Resonant's shares have ranged in value from as little as $0.9506 up to $3.29. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Resonant's is 2.8798. This would suggest that Resonant's shares are significantly more volatile than the average for this exchange and represent a higher risk.
Resonant Inc., a late-stage development company, designs and develops filter designs for radio frequency (RF) and front-ends used in the mobile device, automotive, medical, Internet-of-things, and related industries in the United States and internationally. It uses Infinite Synthesized Networks technology, a software platform to configure and connect resonators, the building blocks of RF filters. The company develops a series of single-band designs for frequency bands; and multiplexer filter designs for two or more bands to address the carrier aggregation requirements, as well as filter designs to replace various filters and associated componentry for various bands. Resonant Inc. was founded in 2012 and is headquartered in Goleta, California.
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