AXT Inc (NASDAQ: AXTI) kicked off on Monday, down -5.98% from the previous trading day, before settling in for the closing price of $1.84. Over the past 52 weeks, AXTI has traded in a range of $1.82-$5.64.
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Annual sales at Technology sector company slipped by -0.73% over the past five years. While this was happening, its average annual earnings per share was recorded 61.76%. With a float of $41.66 million, this company’s outstanding shares have now reached $44.24 million.
Let’s look at the performance matrix of the company that is accounted 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 and Institutional Ownership
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 6.91%, while institutional ownership is 48.59%.
AXT Inc (AXTI) Latest Financial update
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported -0.07 earnings per share (EPS), higher than consensus estimate (set at -0.13) by 0.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.05 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 61.76% 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 0.79.
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 0.03 in one year’s time.
Technical Analysis of AXT Inc (AXTI)
AXT Inc (NASDAQ: AXTI) saw its 5-day average volume 0.44 million, a negative change from its year-to-date volume of 1.01 million. As of the previous 9 days, the stock’s Stochastic %D was 7.62%. Additionally, its Average True Range was 0.16.
During the past 100 days, AXT Inc’s (AXTI) raw stochastic average was set at 0.00%, which indicates a significant increase from 0.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 81.48% in the past 14 days, which was lower than the 85.69% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.3375, while its 200-day Moving Average is $3.1601. Nevertheless, the first resistance level for the watch stands at $1.8300 in the near term. At $1.9300, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.9800. If the price goes on to break the first support level at $1.6800, it is likely to go to the next support level at $1.6300. The third support level lies at $1.5300 if the price breaches the second support level.
AXT Inc (NASDAQ: AXTI) Key Stats
The company with the Market Capitalisation of 74.58 million has total of 44,751K 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 23,650 K and last quarter income was -2,940 K.
