On Friday, MaxLinear Inc (NASDAQ: MXL) opened higher 3.22% from the last session, before settling in for the closing price of $18.66. Price fluctuations for MXL have ranged from $11.08 to $26.59 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 21.43%. Company’s average yearly earnings per share was noted -185.82% at the time writing. With a float of $79.18 million, this company’s outstanding shares have now reached $84.36 million.
The extent of productivity of a business whose workforce counts for 1759 workers is very important to gauge. 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
A key investor’s attitude towards the stock of the Semiconductors industry is another important factor to consider. The insider ownership of MaxLinear Inc is 6.14%, while institutional ownership is 84.35%. The most recent insider transaction that took place on Dec 04 ’24, was worth 93,050. In this transaction Corporate Controller & PAO of this company sold 5,000 shares at a rate of $18.61, taking the stock ownership to the 49,147 shares. Before that another transaction happened on Dec 04 ’24, when Company’s Officer proposed sale 5,000 for $18.61, making the entire transaction worth $93,050.
MaxLinear Inc (MXL) Performance Highlights and Predictions
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 -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
Check out the current performance indicators for MaxLinear Inc (MXL). In the past quarter, the stock posted a quick ratio of 1.38. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.26.
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)
The latest stats from [MaxLinear Inc, MXL] show that its last 5-days average volume of 2.43 million was superior to 1.03 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 78.23%. Additionally, its Average True Range was 1.13.
During the past 100 days, MaxLinear Inc’s (MXL) raw stochastic average was set at 54.35%, which indicates a significant decrease from 82.47% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 71.22% in the past 14 days, which was lower than the 108.25% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $14.81, while its 200-day Moving Average is $17.20. Now, the first resistance to watch is $19.61. This is followed by the second major resistance level at $19.95. The third major resistance level sits at $20.49. If the price goes on to break the first support level at $18.73, it is likely to go to the next support level at $18.19. Assuming the price breaks the second support level, the third support level stands at $17.85.
MaxLinear Inc (NASDAQ: MXL) Key Stats
There are currently 84,362K shares outstanding in the company with a market cap of 1.68 billion. Presently, the company’s annual sales total 693,260 K according to its annual income of -73,150 K. Last quarter, the company’s sales amounted to 81,100 K and its income totaled -75,790 K.
