A new trading day began on Friday, with Maxeon Solar Technologies Ltd (NASDAQ: MAXN) stock price up 12.29% from the previous day of trading, before settling in for the closing price of $6.59. MAXN’s price has ranged from $4.98 to $779.99 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
During the last 5-year period, the sales growth of Technology Sector giant was 7.17%. Meanwhile, its annual earnings per share averaged 81.82%. With a float of $5.24 million, this company’s outstanding shares have now reached $15.22 million.
Let’s determine the extent of company efficiency that accounts for 3888 employees. In terms of profitability, gross margin is -34.28%, operating margin of -77.74%, and the pretax margin is -92.27%.
Maxeon Solar Technologies Ltd (MAXN) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Solar Industry. The insider ownership of Maxeon Solar Technologies Ltd is 65.70%, while institutional ownership is 4.49%.
Maxeon Solar Technologies Ltd (MAXN) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of -77.0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 81.82% per share during the next fiscal year.
Maxeon Solar Technologies Ltd (NASDAQ: MAXN) Trading Performance Indicators
Here are Maxeon Solar Technologies Ltd’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.48. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.18.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -549.59, a number that is poised to hit -4.33 in the next quarter and is forecasted to reach -7.96 in one year’s time.
Technical Analysis of Maxeon Solar Technologies Ltd (MAXN)
Looking closely at Maxeon Solar Technologies Ltd (NASDAQ: MAXN), its last 5-days average volume was 0.72 million, which is a jump from its year-to-date volume of 0.62 million. As of the previous 9 days, the stock’s Stochastic %D was 69.85%. Additionally, its Average True Range was 1.07.
During the past 100 days, Maxeon Solar Technologies Ltd’s (MAXN) raw stochastic average was set at 13.35%, which indicates a significant decrease from 63.09% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 96.85% in the past 14 days, which was lower than the 175.86% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.73, while its 200-day Moving Average is $98.14. However, in the short run, Maxeon Solar Technologies Ltd’s stock first resistance to watch stands at $7.69. Second resistance stands at $7.99. The third major resistance level sits at $8.57. If the price goes on to break the first support level at $6.81, it is likely to go to the next support level at $6.23. Now, if the price goes above the second support level, the third support stands at $5.93.
Maxeon Solar Technologies Ltd (NASDAQ: MAXN) Key Stats
With a market capitalization of 127.06 million, the company has a total of 549K Shares Outstanding. Currently, annual sales are 1,123 M while annual income is -275,830 K. The company’s previous quarter sales were 88,560 K while its latest quarter income was -393,940 K.
