MaxLinear Inc (NASDAQ: MXL) started the day on Wednesday, with a price decrease of -2.79% at $14.64, before settling in for the price of $15.06 at the close. Taking a more long-term approach, MXL posted a 52-week range of $11.08-$26.59.
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The Technology Sector giants’ yearly sales growth during the last 5-year period was 21.43%. Meanwhile, its Annual Earning per share during the time was -18.83%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -185.82%. This publicly-traded company’s shares outstanding now amounts to $81.82 million, simultaneously with a float of $79.16 million. The organization now has a market capitalization sitting at $1.24 billion. At the time of writing, stock’s 50-day Moving Average stood at $13.97, while the 200-day Moving Average is $17.83.
MaxLinear Inc (MXL) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Semiconductors Industry. MaxLinear Inc’s current insider ownership accounts for 6.17%, in contrast to 86.87% institutional ownership. According to the most recent insider trade that took place on Jul 30 ’24, this organization’s Chairman, President and CEO bought 108,303 shares at the rate of 12.94, making the entire transaction reach 1,401,592 in total value, affecting insider ownership by 531,937. Preceding that transaction, on Mar 01 ’24, Company’s Director sold 12,000 for 19.57, making the whole transaction’s value amount to 234,840. This particular insider is now the holder of 61,556 in total.
MaxLinear Inc (MXL) Earnings and Revenue Records
MaxLinear Inc’s EPS decrease for this current 12-month fiscal period is -185.82% and is forecasted to reach 0.37 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 7.86% through the next 5 years, which can be compared against the -18.83% growth it accomplished over the previous five years trading on the market.
MaxLinear Inc (NASDAQ: MXL) Trading Performance Indicators
Let’s observe the current performance indicators for MaxLinear Inc (MXL). It’s Quick Ratio in the last reported quarter now stands at 1.38. The Stock has managed to achieve an average true range (ATR) of 0.87. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 3.14.
In the same vein, MXL’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -2.72, a figure that is expected to reach -0.13 in the next quarter, and analysts are predicting that it will be 0.37 at the market close of one year from today.
Technical Analysis of MaxLinear Inc (MXL)
If we take a close look at the recent performances of MaxLinear Inc (NASDAQ: MXL), its last 5-days Average volume was 2.74 million that shows progress from its year to date volume of 0.97 million. During the previous 9 days, stock’s Stochastic %D was recorded 38.74% While, its Average True Range was 0.88.
Raw Stochastic average of MaxLinear Inc (MXL) in the period of the previous 100 days is set at 22.95%, which indicates a major fall in contrast to 35.98% 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 47.49% that was lower than 101.93% volatility it exhibited in the past 100-days period.
