Emcore Stock Today

EMKR Stock  USD 2.96  0.04  1.37%   

Performance

13 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Over 64

 
High
 
Low
Quite High
EMCORE is selling at 2.96 as of the 22nd of November 2024; that is 1.37% increase since the beginning of the trading day. The stock's lowest day price was 2.92. EMCORE has more than 64 % chance of experiencing financial distress in the next few years of operation. However, it had a very good returns during the last 90 days. Note, on July 19, 2022, Representative Debbie Wasserman Schultz of US Congress acquired under $15k worth of EMCORE's common stock.
Business Domain
Technology Hardware & Equipment
IPO Date
6th of March 1997
Category
Technology
Classification
Information Technology
EMCORE Corporation, together with its subsidiaries, provides advanced mixed-signal optics products in the United States, Canada, Asia, Europe, and internationally. EMCORE Corporation was founded in 1984 and is headquartered in Alhambra, California. Emcore Corp operates under Semiconductors classification in the United States and is traded on NASDAQ Exchange. The company has 9.07 M outstanding shares of which 123.66 K shares are currently shorted by private and institutional investors with about 0.07 trading days to cover. More on EMCORE

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EMCORE Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO and President and DirectorJeffrey Rittichier
Thematic IdeaElectronic Equipment (View all Themes)
Business ConcentrationCommunications Equipment, Technology Hardware & Equipment, Information Technology, NASDAQ Composite, NASDAQ Composite Total, Electronic Equipment, Information Technology, Communications Equipment, Semiconductors, Technology (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.610.679
Moderately Down
Slightly volatile
Gross Profit Margin0.290.28
Sufficiently Up
Pretty Stable
Total Current Liabilities43 M33.1 M
Significantly Up
Slightly volatile
Non Current Liabilities Total30.6 M31.3 M
Fairly Down
Slightly volatile
Total Assets145.7 M129.5 M
Moderately Up
Pretty Stable
Total Current Assets117.4 M106.2 M
Significantly Up
Slightly volatile
Debt Levels
EMCORE can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand EMCORE's financial leverage. It provides some insight into what part of EMCORE's total assets is financed by creditors.
Liquidity
EMCORE currently holds 34.52 M in liabilities with Debt to Equity (D/E) ratio of 0.16, which may suggest the company is not taking enough advantage from borrowing. EMCORE has a current ratio of 3.87, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about EMCORE's use of debt, we should always consider it together with its cash and equity.

Other Non Cash Items

17.4 Million
EMCORE (EMKR) is traded on NASDAQ Exchange in USA. It is located in 2015 Chestnut Street, Alhambra, CA, United States, 91803 and employs 350 people. EMCORE is listed under Communications Equipment category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 26.49 M. EMCORE conducts business under Communications Equipment sector and is part of Information Technology industry. The entity has 9.07 M outstanding shares of which 123.66 K shares are currently shorted by private and institutional investors with about 0.07 trading days to cover. EMCORE currently holds about 74.61 M in cash with (33.64 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.99.
Check EMCORE Probability Of Bankruptcy
Ownership Allocation
The market capitalization of EMCORE is $26.49 Million. EMCORE shows considerable amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. On July 19, 2022, Representative Debbie Wasserman Schultz of US Congress acquired under $15k worth of EMCORE's common stock.
Check EMCORE Ownership Details

EMCORE Stock Institutional Holders

InstituionRecorded OnShares
Bank Of New York Mellon Corp2024-06-30
15.5 K
Xtx Topco Ltd2024-06-30
11.7 K
Perkins Capital Management Inc2024-09-30
11.6 K
Tower Research Capital Llc2024-06-30
7.4 K
Newbridge Financial Services Group, Inc.2024-06-30
6.8 K
Morgan Stanley - Brokerage Accounts2024-06-30
6.1 K
Ubs Group Ag2024-06-30
K
Bank Of America Corp2024-06-30
2.1 K
Acadian Asset Management Llc2024-06-30
K
Renaissance Technologies Corp2024-09-30
149.2 K
Aegis Financial Corporation2024-09-30
99.7 K
View EMCORE Diagnostics

EMCORE Historical Income Statement

At this time, EMCORE's Interest Income is relatively stable compared to the past year. View More Fundamentals

EMCORE Stock Against Markets

EMCORE Corporate Management

Additional Tools for EMCORE Stock Analysis

When running EMCORE's price analysis, check to measure EMCORE's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy EMCORE is operating at the current time. Most of EMCORE's value examination focuses on studying past and present price action to predict the probability of EMCORE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EMCORE's price. Additionally, you may evaluate how the addition of EMCORE to your portfolios can decrease your overall portfolio volatility.