On Friday, MaxLinear Inc (NASDAQ: MXL) was -3.46% drop from the session before settling in for the closing price of $24.00. A 52-week range for MXL has been $11.08 – $26.59.
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A company in the Technology sector has jumped its sales by 31.19% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at -185.79%. With a float of $79.22 million, this company’s outstanding shares have now reached $84.36 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 and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward MaxLinear Inc stocks. The insider ownership of MaxLinear Inc is 6.09%, while institutional ownership is 84.89%. The most recent insider transaction that took place on Dec 13 ’24, was worth 651,206. In this transaction an insider of this company sold 32,000 shares at a rate of $20.35, taking the stock ownership to the 365,868 shares. Before that another transaction happened on Dec 13 ’24, when Company’s Officer proposed sale 32,000 for $20.35, making the entire transaction worth $651,206.
MaxLinear Inc (MXL) Latest Financial update
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 -185.79% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 0.09% during the next five years compared to -18.83% drop over the previous five years of trading.
MaxLinear Inc (NASDAQ: MXL) Trading Performance Indicators
You can see what MaxLinear Inc (MXL) is doing with its current performance indicators. In the most recent 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 4.96.
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 1.84 million. That was better than the volume of 1.58 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 69.72%. Additionally, its Average True Range was 1.35.
During the past 100 days, MaxLinear Inc’s (MXL) raw stochastic average was set at 80.85%, which indicates a significant increase from 63.43% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 56.46% in the past 14 days, which was lower than the 68.48% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $18.94, while its 200-day Moving Average is $17.41. However, in the short run, MaxLinear Inc’s stock first resistance to watch stands at $23.84. Second resistance stands at $24.52. The third major resistance level sits at $24.86. If the price goes on to break the first support level at $22.82, it is likely to go to the next support level at $22.48. The third support level lies at $21.80 if the price breaches the second support level.
MaxLinear Inc (NASDAQ: MXL) Key Stats
There are 84,362K outstanding shares of the company, which has a market capitalization of 1.95 billion. As of now, sales total 693,260 K while income totals -73,150 K. Its latest quarter income was 81,100 K while its last quarter net income were -75,790 K.
