AXT Inc (NASDAQ: AXTI) kicked off on Friday, down -18.06% from the previous trading day, before settling in for the closing price of $2.58. Over the past 52 weeks, AXTI has traded in a range of $1.89-$5.64.
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During the last 5-year period, the sales drop of Technology Sector giant was -0.73%. While this was happening, its average annual earnings per share was recorded 60.00%. With a float of $41.59 million, this company’s outstanding shares have now reached $44.24 million.
Let’s determine the extent of company efficiency that accounts for 1456 employees. In terms of profitability, gross margin is 25.41%, operating margin of -12.88%, and the pretax margin is -9.1%.
AXT Inc (AXTI) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Semiconductor Equipment & Materials Industry. The insider ownership of AXT Inc is 6.49%, while institutional ownership is 53.69%.
AXT Inc (AXTI) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported -0.09 earnings per share (EPS), higher than consensus estimate (set at -0.15) by 0.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.02 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 60.00% per share during the next fiscal year.
AXT Inc (NASDAQ: AXTI) Trading Performance Indicators
Take a look at AXT Inc’s (AXTI) current performance indicators. Last quarter, stock had a quick ratio of 1.04. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.81.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.24, a number that is poised to hit -0.04 in the next quarter and is forecasted to reach -0.05 in one year’s time.
Technical Analysis of AXT Inc (AXTI)
Looking closely at AXT Inc (NASDAQ: AXTI), its last 5-days average volume was 0.64 million, which is a drop from its year-to-date volume of 1.04 million. As of the previous 9 days, the stock’s Stochastic %D was 24.70%. Additionally, its Average True Range was 0.21.
During the past 100 days, AXT Inc’s (AXTI) raw stochastic average was set at 5.42%, which indicates a significant increase from 3.03% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 106.47% in the past 14 days, which was higher than the 84.95% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.46, while its 200-day Moving Average is $3.20. However, in the short run, AXT Inc’s stock first resistance to watch stands at $2.42. Second resistance stands at $2.73. The third major resistance level sits at $2.90. If the price goes on to break the first support level at $1.94, it is likely to go to the next support level at $1.77. Should the price break the second support level, the third support level stands at $1.46.
AXT Inc (NASDAQ: AXTI) Key Stats
The company with the Market Capitalisation of 76.91 million has total of 44,482K Shares Outstanding. Its annual sales at the moment are 75,800 K in contrast with the sum of -17,880 K annual income. Company’s last quarter sales were recorded 27,920 K and last quarter income was -1,520 K.
