Pixelworks Inc (NASDAQ: PXLW) on Tuesday, plunged -4.23% from the previous trading day, before settling in for the closing price of $0.78. Within the past 52 weeks, PXLW’s price has moved between $0.61 and $3.08.
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A company in the Technology sector has dropped its sales by -0.70% annually for the last half of the decade. The company achieved an average annual earnings per share of -11.40%. With a float of $51.63 million, this company’s outstanding shares have now reached $57.13 million.
In an organization with 239 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 48.55%, operating margin of -53.51%, and the pretax margin is -50.75%.
Pixelworks Inc (PXLW) Insider and Institutional Ownership
Observing investor behavior towards Semiconductors industry stocks is more important than anything else. The insider ownership of Pixelworks Inc is 12.40%, while institutional ownership is 19.47%. The most recent insider transaction that took place on Nov 20 ’24, was worth 7,498. In this transaction Chief Financial Officer of this company sold 10,200 shares at a rate of $0.74, taking the stock ownership to the 387,061 shares. Before that another transaction happened on Nov 20 ’24, when Company’s President and CEO sold 41,884 for $0.74, making the entire transaction worth $30,789. This insider now owns 1,699,300 shares in total.
Pixelworks Inc (PXLW) Latest Financial update
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported -0.05 earnings per share (EPS) for the period falling under the consensus outlook (set at -0.04) by -0.01. 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 -11.40% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.00% during the next five years compared to -33.77% drop over the previous five years of trading.
Pixelworks Inc (NASDAQ: PXLW) Trading Performance Indicators
Pixelworks Inc (PXLW) is currently performing well based on its current performance indicators. A quick ratio of 3.57 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.82.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.47, a number that is poised to hit -0.09 in the next quarter and is forecasted to reach -0.28 in one year’s time.
Technical Analysis of Pixelworks Inc (PXLW)
Let’s dig in a bit further. During the last 5-days, its volume was 0.43 million. That was inferior than the volume of 0.81 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 48.61%. Additionally, its Average True Range was 0.06.
During the past 100 days, Pixelworks Inc’s (PXLW) raw stochastic average was set at 24.56%, which indicates a significant decrease from 42.42% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 102.31% in the past 14 days, which was higher than the 72.92% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.7433, while its 200-day Moving Average is $1.3241. However, in the short run, Pixelworks Inc’s stock first resistance to watch stands at $0.7733. Second resistance stands at $0.7967. The third major resistance level sits at $0.8133. If the price goes on to break the first support level at $0.7333, it is likely to go to the next support level at $0.7167. The third support level lies at $0.6933 if the price breaches the second support level.
Pixelworks Inc (NASDAQ: PXLW) Key Stats
Market capitalization of the company is 44.20 million based on 58,938K outstanding shares. Right now, sales total 59,680 K and income totals -26,180 K. The company made 9,530 K in profit during its latest quarter, and -8,140 K in sales during its previous quarter.
