Emcore Stock Price History

EMKR Stock  USD 2.85  0.21  7.95%   
Below is the normalized historical share price chart for EMCORE extending back to March 06, 1997. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of EMCORE stands at 2.85, as last reported on the 23rd of April, with the highest price reaching 2.88 and the lowest price hitting 2.59 during the day.
IPO Date
6th of March 1997
200 Day MA
5.0371
50 Day MA
3.7564
Beta
1.51
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in EMCORE Stock, it is important to understand the factors that can impact its price. EMCORE retains Efficiency (Sharpe Ratio) of -0.16, which denotes the company had a -0.16% return per unit of risk over the last 3 months. EMCORE exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm EMCORE's Variance of 44.38, market risk adjusted performance of (0.32), and Standard Deviation of 6.66 to check the risk estimate we provide.
  
At this time, EMCORE's Total Stockholder Equity is relatively stable compared to the past year. As of 04/23/2024, Liabilities And Stockholders Equity is likely to grow to about 145.7 M, though Other Stockholder Equity is likely to grow to (40.8 M). . As of 04/23/2024, Price To Sales Ratio is likely to drop to 0.27. In addition to that, Price Earnings Ratio is likely to drop to -0.3. EMCORE Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1566

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Estimated Market Risk

 6.71
  actual daily
59
59% of assets are less volatile

Expected Return

 -1.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.16
  actual daily
0
Most of other assets perform better
Based on monthly moving average EMCORE is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of EMCORE by adding EMCORE to a well-diversified portfolio.
Price Book
0.2931
Enterprise Value Ebitda
(1.71)
Price Sales
0.2171
Shares Float
4.8 M
Wall Street Target Price
11.83

EMCORE Stock Price History Chart

There are several ways to analyze EMCORE Stock price data. The simplest method is using a basic EMCORE candlestick price chart, which shows EMCORE price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceFebruary 2, 20246.57
Lowest PriceApril 22, 20242.64

EMCORE April 23, 2024 Stock Price Synopsis

Various analyses of EMCORE's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell EMCORE Stock. It can be used to describe the percentage change in the price of EMCORE from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of EMCORE Stock.
EMCORE Price Daily Balance Of Power 0.72 
EMCORE Accumulation Distribution 15,466 
EMCORE Price Rate Of Daily Change 1.08 
EMCORE Price Action Indicator 0.22 

EMCORE April 23, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in EMCORE Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use EMCORE intraday prices and daily technical indicators to check the level of noise trading in EMCORE Stock and then apply it to test your longer-term investment strategies against EMCORE.

EMCORE Stock Price History Data

The price series of EMCORE for the period between Wed, Jan 24, 2024 and Tue, Apr 23, 2024 has a statistical range of 4.06 with a coefficient of variation of 27.56. Under current investment horizon, the daily prices are spread out with arithmetic mean of 4.28. The median price for the last 90 days is 4.02. The company completed 1:10 stock split on 2nd of April 2024. EMCORE completed dividends distribution on 2016-07-14.
OpenHighLowCloseVolume
04/23/2024 2.67  2.88  2.59  2.85  153,589 
04/22/2024 2.73  2.73  2.44  2.64  170,959 
04/19/2024 2.85  2.87  2.62  2.69  145,205 
04/18/2024 2.94  3.12  2.76  2.85  319,257 
04/17/2024 2.71  3.10  2.68  2.91  270,651 
04/16/2024 2.71  2.78  2.63  2.76  355,782 
04/15/2024 2.86  2.98  2.68  2.74  241,813 
04/12/2024 2.87  2.90  2.53  2.86  300,443 
04/11/2024 2.89  2.98  2.84  2.84  143,150 
04/10/2024 3.10  3.13  2.80  2.89  282,597 
04/09/2024 3.22  3.33  3.10  3.13  152,224 
04/08/2024 3.15  3.29  3.13  3.23  110,907 
04/05/2024 3.22  3.25  3.12  3.12  98,476 
04/04/2024 3.39  3.51  3.20  3.21  235,835 
04/03/2024 3.60  3.66  3.36  3.45  92,318 
04/02/2024 3.31  3.80  3.25  3.64  121,117 
04/01/2024 0.35  3.49  3.49  3.49  60,853 
03/28/2024 0.37  3.45  3.45  3.45  45,193 
03/27/2024 0.35  3.62  3.62  3.62  64,140 
03/26/2024 0.36  3.48  3.48  3.48  174,442 
03/25/2024 0.38  3.77  3.77  3.77  40,951 
03/22/2024 0.38  3.81  3.81  3.81  25,207 
03/21/2024 0.39  3.85  3.85  3.85  28,571 
03/20/2024 0.39  3.82  3.82  3.82  30,928 
03/19/2024 0.39  3.95  3.95  3.95  44,703 
03/18/2024 0.40  3.80  3.80  3.80  22,103 
03/15/2024 0.38  3.80  3.80  3.80  47,745 
03/14/2024 0.39  3.80  3.80  3.80  37,346 
03/13/2024 0.41  3.90  3.90  3.90  47,778 
03/12/2024 0.40  4.02  4.02  4.02  40,454 
03/11/2024 0.40  4.00  4.00  4.00  25,499 
03/08/2024 0.40  4.03  4.03  4.03  46,969 
03/07/2024 0.41  4.03  4.03  4.03  27,670 
03/06/2024 0.44  4.10  4.10  4.10  36,648 
03/05/2024 0.45  4.22  4.22  4.22  28,199 
03/04/2024 0.41  4.40  4.40  4.40  83,114 
03/01/2024 0.43  4.10  4.10  4.10  46,795 
02/29/2024 0.43  4.22  4.22  4.22  25,386 
02/28/2024 0.44  4.20  4.20  4.20  37,485 
02/27/2024 0.42  4.40  4.40  4.40  73,343 
02/26/2024 0.41  4.10  4.10  4.10  22,232 
02/23/2024 0.40  4.11  4.11  4.11  103,531 
02/22/2024 0.43  4.16  4.16  4.16  38,077 
02/21/2024 0.44  4.39  4.39  4.39  65,203 
02/20/2024 0.46  4.48  4.48  4.48  115,331 
02/16/2024 0.43  4.38  4.38  4.38  82,894 
02/15/2024 0.34  4.25  4.25  4.25  387,813 
02/14/2024 0.38  3.62  3.62  3.62  458,297 
02/13/2024 0.39  3.59  3.59  3.59  180,327 
02/12/2024 0.41  3.85  3.85  3.85  269,796 
02/09/2024 0.46  3.82  3.82  3.82  502,288 
02/08/2024 0.62  6.29  6.29  6.29  77,956 
02/07/2024 0.66  6.30  6.30  6.30  58,243 
02/06/2024 0.69  6.50  6.50  6.50  59,044 
02/05/2024 0.68  6.51  6.51  6.51  117,254 
02/02/2024 0.64  6.57  6.57  6.57  185,679 
02/01/2024 0.62  6.26  6.26  6.26  23,187 
01/31/2024 0.64  5.90  5.90  5.90  84,829 
01/30/2024 0.66  6.24  6.24  6.24  50,167 
01/29/2024 0.66  6.47  6.47  6.47  69,239 
01/26/2024 0.69  6.32  6.32  6.32  161,150 

About EMCORE Stock history

EMCORE investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for EMCORE is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in EMCORE will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing EMCORE stock prices may prove useful in developing a viable investing in EMCORE
Last ReportedProjected for Next Year
Common Stock Shares Outstanding5.9 M5.6 M
Net Loss-21.9 M-20.8 M

EMCORE Quarterly Net Working Capital

58.2 Million

EMCORE Stock Technical Analysis

EMCORE technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of EMCORE technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of EMCORE trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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EMCORE Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for EMCORE's price direction in advance. Along with the technical and fundamental analysis of EMCORE Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of EMCORE to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether EMCORE is a strong investment it is important to analyze EMCORE's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact EMCORE's future performance. For an informed investment choice regarding EMCORE Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EMCORE. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
To learn how to invest in EMCORE Stock, please use our How to Invest in EMCORE guide.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

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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.
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Is EMCORE's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of EMCORE. If investors know EMCORE will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about EMCORE listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.25)
Earnings Share
(7.90)
Revenue Per Share
15.825
Quarterly Revenue Growth
0.207
Return On Assets
(0.07)
The market value of EMCORE is measured differently than its book value, which is the value of EMCORE that is recorded on the company's balance sheet. Investors also form their own opinion of EMCORE's value that differs from its market value or its book value, called intrinsic value, which is EMCORE's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because EMCORE's market value can be influenced by many factors that don't directly affect EMCORE's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between EMCORE's value and its price as these two are different measures arrived at by different means. Investors typically determine if EMCORE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EMCORE's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.