On Friday, MaxLinear Inc (NASDAQ: MXL) was -3.43% drop from the session before settling in for the closing price of $17.19. A 52-week range for MXL has been $11.08 – $26.59.
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During the last 5-year period, the sales growth of Technology Sector giant was 15.35%. When this article was written, the company’s average yearly earnings per share was at 141.82%. With a float of $79.48 million, this company’s outstanding shares have now reached $84.61 million.
Let’s determine the extent of company efficiency that accounts for 1294 employees. In terms of profitability, gross margin is 53.86%, operating margin of -61.71%, and the pretax margin is -66.21%.
MaxLinear Inc (MXL) Insider Activity
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 85.70%. 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) Earnings and Forecasts
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 141.82% per share during the next fiscal year.
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 1.28. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.90.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.93, a number that is poised to hit -0.05 in the next quarter and is forecasted to reach 0.88 in one year’s time.
Technical Analysis of MaxLinear Inc (MXL)
Looking closely at MaxLinear Inc (NASDAQ: MXL), its last 5-days average volume was 0.88 million, which is a drop from its year-to-date volume of 2.06 million. As of the previous 9 days, the stock’s Stochastic %D was 55.22%. Additionally, its Average True Range was 1.23.
During the past 100 days, MaxLinear Inc’s (MXL) raw stochastic average was set at 31.71%, which indicates a significant increase from 30.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 57.50% in the past 14 days, which was lower than the 82.08% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $19.62, while its 200-day Moving Average is $17.10. However, in the short run, MaxLinear Inc’s stock first resistance to watch stands at $17.28. Second resistance stands at $17.96. The third major resistance level sits at $18.32. If the price goes on to break the first support level at $16.24, it is likely to go to the next support level at $15.88. Should the price break the second support level, the third support level stands at $15.20.
MaxLinear Inc (NASDAQ: MXL) Key Stats
There are 84,634K outstanding shares of the company, which has a market capitalization of 1.40 billion. As of now, sales total 360,530 K while income totals -245,200 K. Its latest quarter income was 92,170 K while its last quarter net income were -57,840 K.
