AXT Inc (NASDAQ: AXTI) kicked off on Friday, up 13.71% from the previous trading day, before settling in for the closing price of $2.48. Over the past 52 weeks, AXTI has traded in a range of $1.13-$3.07.
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 drop of Technology Sector giant was -31.22%. While this was happening, its average annual earnings per share was recorded -178.95%. With a float of $42.15 million, this company’s outstanding shares have now reached $46.08 million.
AXT Inc (AXTI) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Semiconductor Equipment & Materials Industry. The insider ownership of AXT Inc is 8.61%, while institutional ownership is 31.36%. The most recent insider transaction that took place on Feb 25 ’25, was worth 40,929. In this transaction CHAIRMAN AND CEO of this company bought 30,000 shares at a rate of $1.36, taking the stock ownership to the 2,449,490 shares.
AXT Inc (AXTI) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported -0.05 earnings per share (EPS), higher than consensus estimate (set at -0.06) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.1 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -178.95% per share during the next fiscal year.
AXT Inc (NASDAQ: AXTI) Trading Performance Indicators
Take a look at AXT Inc’s (AXTI) current performance indicators. Last quarter, stock had a quick ratio of 0.82. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.51.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.55, a number that is poised to hit -0.12 in the next quarter and is forecasted to reach -0.26 in one year’s time.
Technical Analysis of AXT Inc (AXTI)
Looking closely at AXT Inc (NASDAQ: AXTI), its last 5-days average volume was 1.4 million, which is a jump from its year-to-date volume of 0.53 million. As of the previous 9 days, the stock’s Stochastic %D was 79.24%.
During the past 100 days, AXT Inc’s (AXTI) raw stochastic average was set at 98.26%, which indicates a significant increase from 96.63% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.15 in the past 14 days, which was higher than the 0.15 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.21, while its 200-day Moving Average is $1.90. However, in the short run, AXT Inc’s stock first resistance to watch stands at $2.95. Second resistance stands at $3.07. The third major resistance level sits at $3.30. If the price goes on to break the first support level at $2.60, it is likely to go to the next support level at $2.37. Should the price break the second support level, the third support level stands at $2.25.
AXT Inc (NASDAQ: AXTI) Key Stats
The company with the Market Capitalisation of 130.06 million has total of 46,125K Shares Outstanding. Its annual sales at the moment are 99,360 K in contrast with the sum of -11,620 K annual income. Company’s last quarter sales were recorded 17,970 K and last quarter income was -7,010 K.
