On Monday, MaxLinear Inc (NASDAQ: MXL) was -6.98% drop from the session before settling in for the closing price of $12.47. A 52-week range for MXL has been $12.40 – $26.59.
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Technology Sector giant saw their annual sales surged by 21.43% over the last five years. When this article was written, the company’s average yearly earnings per share was at -180.40%. With a float of $76.82 million, this company’s outstanding shares have now reached $81.82 million.
The firm has a total of 1759 workers. Let’s measure their productivity.
MaxLinear Inc (MXL) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward MaxLinear Inc stocks. The insider ownership of MaxLinear Inc is 8.44%, while institutional ownership is 84.57%. The most recent insider transaction that took place on Jul 30 ’24, was worth 1,401,592. In this transaction Chairman, President and CEO of this company bought 108,303 shares at a rate of $12.94, taking the stock ownership to the 531,937 shares. Before that another transaction happened on Mar 01 ’24, when Company’s Director sold 12,000 for $19.57, making the entire transaction worth $234,840. This insider now owns 61,556 shares in total.
MaxLinear Inc (MXL) Recent Fiscal highlights
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 0.02 earnings per share (EPS) during the time that was less than consensus figure (set at 0.04) by -0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.1 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -180.40% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.81% during the next five years compared to -18.83% drop over the previous five years of trading.
MaxLinear Inc (NASDAQ: MXL) Trading Performance Indicators
You can see what MaxLinear Inc (MXL) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.59. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.17.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.31, a number that is poised to hit -0.32 in the next quarter and is forecasted to reach 0.43 in one year’s time.
Technical Analysis of MaxLinear Inc (MXL)
Analysing the last 5-days average volume posted by the [MaxLinear Inc, MXL], we can find that recorded value of 1.61 million was better than the volume posted last year of 0.87 million. As of the previous 9 days, the stock’s Stochastic %D was 3.54%. Additionally, its Average True Range was 1.50.
During the past 100 days, MaxLinear Inc’s (MXL) raw stochastic average was set at 1.80%, which indicates a significant increase from 1.80% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 198.83% in the past 14 days, which was higher than the 92.45% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $19.16, while its 200-day Moving Average is $19.63. Now, the first resistance to watch is $12.06. This is followed by the second major resistance level at $12.52. The third major resistance level sits at $12.89. If the price goes on to break the first support level at $11.23, it is likely to go to the next support level at $10.86. Now, if the price goes above the second support level, the third support stands at $10.40.
MaxLinear Inc (NASDAQ: MXL) Key Stats
There are 83,128K outstanding shares of the company, which has a market capitalization of 973.24 million. As of now, sales total 693,260 K while income totals -73,150 K. Its latest quarter income was 91,990 K while its last quarter net income were -39,270 K.
