Pixelworks Inc (PXLW) with a beta value of 1.64 appears to be a promising investment opportunity.

Pixelworks Inc (NASDAQ: PXLW) on Tuesday, soared 5.40% from the previous trading day, before settling in for the closing price of $0.81. Within the past 52 weeks, PXLW’s price has moved between $0.61 and $3.08.

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 1.67%. The company achieved an average annual earnings per share of -9.65%. With a float of $51.73 million, this company’s outstanding shares have now reached $58.94 million.

Let’s determine the extent of company efficiency that accounts for 239 employees. In terms of profitability, gross margin is 48.55%, operating margin of -53.51%, and the pretax margin is -50.75%.

Pixelworks Inc (PXLW) Breakdown of a Key Holders of the stock

Observing investor behavior towards Semiconductors industry stocks is more important than anything else. The insider ownership of Pixelworks Inc is 12.23%, while institutional ownership is 19.45%. 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) Recent Fiscal highlights

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.09 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -9.65% per share during the next fiscal year.

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 0.92.

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 -0.25 in one year’s time.

Technical Analysis of Pixelworks Inc (PXLW)

Looking closely at Pixelworks Inc (NASDAQ: PXLW), its last 5-days average volume was 0.33 million, which is a drop from its year-to-date volume of 0.4 million. As of the previous 9 days, the stock’s Stochastic %D was 79.38%. Additionally, its Average True Range was 0.06.

During the past 100 days, Pixelworks Inc’s (PXLW) raw stochastic average was set at 61.73%, which indicates a significant decrease from 89.04% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 77.59% in the past 14 days, which was higher than the 77.23% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.7583, while its 200-day Moving Average is $0.9799. However, in the short run, Pixelworks Inc’s stock first resistance to watch stands at $0.8901. Second resistance stands at $0.9308. The third major resistance level sits at $0.9915. If the price goes on to break the first support level at $0.7887, it is likely to go to the next support level at $0.7280. Now, if the price goes above the second support level, the third support stands at $0.6873.

Pixelworks Inc (NASDAQ: PXLW) Key Stats

Market capitalization of the company is 50.07 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.