Now that MaxLinear Inc’s volume has hit 781.52, investors get a glimpse of its size.

On Friday, MaxLinear Inc (NASDAQ: MXL) opened higher 19.04% from the last session, before settling in for the closing price of $20.73. Price fluctuations for MXL have ranged from $13.43 to $40.15 over the past 52 weeks.

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Annual sales at Technology sector company grew by 24.36% over the past five years. Company’s average yearly earnings per share was noted -110.61% at the time writing. With a float of $74.35 million, this company’s outstanding shares have now reached $81.82 million.

MaxLinear Inc (MXL) Insider Updates

A key investor’s attitude towards the stock of the Semiconductors industry is another important factor to consider. The insider ownership of MaxLinear Inc is 9.25%, while institutional ownership is 82.44%.

MaxLinear Inc (MXL) Performance Highlights and Predictions

If we go through the results of last quarter, which was made public on 12/30/2023, the company posted $0.01 earnings per share (EPS) for the quarter, besting the agreed prediction (set at $0.01) by $0. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.13 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -110.61% per share during the next fiscal year.

MaxLinear Inc (NASDAQ: MXL) Trading Performance Indicators

Check out the current performance indicators for MaxLinear Inc (MXL). In the past quarter, the stock posted a quick ratio of 1.75. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.25. Likewise, its price to free cash flow for the trailing twelve months is 134.59.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.90, a number that is poised to hit -0.21 in the next quarter and is forecasted to reach 1.07 in one year’s time.

Technical Analysis of MaxLinear Inc (MXL)

MaxLinear Inc (NASDAQ: MXL) saw its 5-day average volume 0.8 million, a positive change from its year-to-date volume of 0.72 million. As of the previous 9 days, the stock’s Stochastic %D was 25.44%. Additionally, its Average True Range was 0.99.

During the past 100 days, MaxLinear Inc’s (MXL) raw stochastic average was set at 47.91%, which indicates a significant increase from 29.83% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 61.89% in the past 14 days, which was higher than the 61.20% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $21.12, while its 200-day Moving Average is $23.48. Nevertheless, the first resistance level for the watch stands at $19.45 in the near term. At $19.85, the stock is likely to face the second major resistance level. The third major resistance level sits at $20.42. If the price goes on to break the first support level at $18.48, it is likely to go to the next support level at $17.91. Assuming the price breaks the second support level, the third support level stands at $17.51.

MaxLinear Inc (NASDAQ: MXL) Key Stats

There are currently 81,561K shares outstanding in the company with a market cap of 1.56 billion. Presently, the company’s annual sales total 1,120 M according to its annual income of 125,040 K. Last quarter, the company’s sales amounted to 135,530 K and its income totaled -39,830 K.