Maxeon Solar Technologies Ltd (MAXN) 14-day ATR is 0.32: This Stock is Set to Soar Above its Peers

Maxeon Solar Technologies Ltd (NASDAQ: MAXN) flaunted slowness of -2.89% at $2.35, before settling in for the price of $2.42 at the close. Taking a more long-term approach, MAXN posted a 52-week range of $2.33-$38.91.

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The Technology Sector giants’ yearly sales growth during the last 5-year period was 7.17%. Meanwhile, its Annual Earning per share during the time was 28.81%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -63.31%. This publicly-traded company’s shares outstanding now amounts to $52.78 million, simultaneously with a float of $31.18 million. The organization now has a market capitalization sitting at $124.03 million. At the time of writing, stock’s 50-day Moving Average stood at $3.86, while the 200-day Moving Average is $10.08.

Maxeon Solar Technologies Ltd (MAXN) Ownership Facts and Figures

Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Maxeon Solar Technologies Ltd industry. Maxeon Solar Technologies Ltd’s current insider ownership accounts for 40.93%, in contrast to 53.31% institutional ownership.

Maxeon Solar Technologies Ltd (MAXN) Earnings and Revenue Records

Going through the last 3-months fiscal report unveiled on the 9/29/2023, it has been observed that the corporation posted -$2.21 earnings per share (EPS) during the time that was less the consensus figure (set at -$0.93) by -$1.28. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.96 per share during the current fiscal year.

Maxeon Solar Technologies Ltd’s EPS decrease for this current 12-month fiscal period is -63.31% and is forecasted to reach -2.00 in the upcoming year.

Maxeon Solar Technologies Ltd (NASDAQ: MAXN) Trading Performance Indicators

Let’s observe the current performance indicators for Maxeon Solar Technologies Ltd (MAXN). It’s Quick Ratio in the last reported quarter now stands at 0.87. The Stock has managed to achieve an average true range (ATR) of 0.32. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.11.

In the same vein, MAXN’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -5.35, a figure that is expected to reach -0.97 in the next quarter, and analysts are predicting that it will be -2.00 at the market close of one year from today.

Technical Analysis of Maxeon Solar Technologies Ltd (MAXN)

Now, what If we examine the latest scores posted by [Maxeon Solar Technologies Ltd, MAXN]. During the last 5-days, its volume was better the volume of 2.24 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 12.56% While, its Average True Range was 0.31.

Raw Stochastic average of Maxeon Solar Technologies Ltd (MAXN) in the period of the previous 100 days is set at 0.91%, which indicates a major fall in contrast to 4.03% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 89.75% that was lower than 111.78% volatility it exhibited in the past 100-days period.