A new trading day began on Friday, with MaxLinear Inc (NASDAQ: MXL) stock price up 3.99% from the previous day of trading, before settling in for the closing price of $14.55. MXL’s price has ranged from $11.08 to $26.59 over the past 52 weeks.
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A company in the Technology sector has jumped its sales by 21.43% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged -185.82%. With a float of $79.18 million, this company’s outstanding shares have now reached $81.82 million.
In an organization with 1759 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 53.71%, operating margin of -56.65%, and the pretax margin is -61.09%.
MaxLinear Inc (MXL) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Semiconductors Industry. The insider ownership of MaxLinear Inc is 6.14%, while institutional ownership is 84.32%. The most recent insider transaction that took place on Nov 21 ’24, was worth 89,110. In this transaction Director of this company sold 5,800 shares at a rate of $15.36, taking the stock ownership to the 69,717 shares. Before that another transaction happened on Nov 21 ’24, when Company’s Director proposed sale 5,800 for $15.36, making the entire transaction worth $89,110.
MaxLinear Inc (MXL) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -185.82% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.00% during the next five years compared to -18.83% drop over the previous five years of trading.
MaxLinear Inc (NASDAQ: MXL) Trading Performance Indicators
Here are MaxLinear Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.38. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.37.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.72, a number that is poised to hit -0.13 in the next quarter and is forecasted to reach 0.36 in one year’s time.
Technical Analysis of MaxLinear Inc (MXL)
Let’s dig in a bit further. During the last 5-days, its volume was 0.97 million. That was inferior than the volume of 1.0 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 36.91%. Additionally, its Average True Range was 0.89.
During the past 100 days, MaxLinear Inc’s (MXL) raw stochastic average was set at 26.11%, which indicates a significant decrease from 52.89% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 54.87% in the past 14 days, which was lower than the 106.19% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $14.46, while its 200-day Moving Average is $17.23. However, in the short run, MaxLinear Inc’s stock first resistance to watch stands at $15.43. Second resistance stands at $15.74. The third major resistance level sits at $16.13. If the price goes on to break the first support level at $14.73, it is likely to go to the next support level at $14.34. Assuming the price breaks the second support level, the third support level stands at $14.03.
MaxLinear Inc (NASDAQ: MXL) Key Stats
With a market capitalization of 1.33 billion, the company has a total of 84,362K Shares Outstanding. Currently, annual sales are 693,260 K while annual income is -73,150 K. The company’s previous quarter sales were 81,100 K while its latest quarter income was -75,790 K.
