A new trading day began on Monday, with MaxCyte Inc (NASDAQ: MXCT) stock price up 5.76% from the previous day of trading, before settling in for the closing price of $3.38. MXCT’s price has ranged from $3.15 to $5.55 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Healthcare sector saw sales topped by 20.83%. Meanwhile, its annual earnings per share averaged -12.36%. With a float of $96.95 million, this company’s outstanding shares have now reached $103.96 million.
The extent of productivity of a business whose workforce counts for 143 workers is very important to gauge. In terms of profitability, gross margin is 79.04%, operating margin of -99.32%, and the pretax margin is -78.36%.
MaxCyte Inc (MXCT) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Medical Devices Industry. The insider ownership of MaxCyte Inc is 7.74%, while institutional ownership is 69.58%. The most recent insider transaction that took place on Nov 01 ’24, was worth 177,403. In this transaction Director of this company sold 47,689 shares at a rate of $3.72, taking the stock ownership to the 269,118 shares. Before that another transaction happened on Oct 28 ’24, when Company’s Director sold 3,000 for $3.72, making the entire transaction worth $11,166. This insider now owns 141,950 shares in total.
MaxCyte Inc (MXCT) Latest Financial update
In its latest quarterly report, released on 9/30/2024, the company reported earnings of -0.05 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.11 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -12.36% per share during the next fiscal year.
MaxCyte Inc (NASDAQ: MXCT) Trading Performance Indicators
Here are MaxCyte Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 9.22. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.10.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.34, a number that is poised to hit -0.12 in the next quarter and is forecasted to reach -0.39 in one year’s time.
Technical Analysis of MaxCyte Inc (MXCT)
The latest stats from [MaxCyte Inc, MXCT] show that its last 5-days average volume of 0.94 million was superior to 0.51 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 19.47%. Additionally, its Average True Range was 0.23.
During the past 100 days, MaxCyte Inc’s (MXCT) raw stochastic average was set at 18.37%, which indicates a significant decrease from 38.04% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 65.91% in the past 14 days, which was higher than the 56.37% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.82, while its 200-day Moving Average is $4.24. Now, the first resistance to watch is $3.71. This is followed by the second major resistance level at $3.84. The third major resistance level sits at $4.08. If the price goes on to break the first support level at $3.34, it is likely to go to the next support level at $3.10. The third support level lies at $2.97 if the price breaches the second support level.
MaxCyte Inc (NASDAQ: MXCT) Key Stats
With a market capitalization of 369.44 million, the company has a total of 105,483K Shares Outstanding. Currently, annual sales are 41,290 K while annual income is -37,920 K. The company’s previous quarter sales were 10,430 K while its latest quarter income was -9,380 K.
