AXT Inc (NASDAQ: AXTI) on Tuesday, soared 6.62% from the previous trading day, before settling in for the closing price of $6.19. Within the past 52 weeks, AXTI’s price has moved between $1.13 and $6.33.
It was noted that within the last five years, the titan of the Technology sector saw sales slided by -31.22%. The company achieved an average annual earnings per share of -178.95%. With a float of $42.44 million, this company’s outstanding shares have now reached $46.08 million.
The extent of productivity of a business whose workforce counts for 1527 workers is very important to gauge.
AXT Inc (AXTI) Insider and Institutional Ownership
Observing investor behavior towards Semiconductor Equipment & Materials industry stocks is more important than anything else. The insider ownership of AXT Inc is 7.99%, while institutional ownership is 31.37%. 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) Latest Financial update
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported -0.05 earnings per share (EPS) for the period topping the consensus outlook (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
AXT Inc (AXTI) is currently performing well based on its current performance indicators. A quick ratio of 0.82 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 3.54.
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)
The latest stats from [AXT Inc, AXTI] show that its last 5-days average volume of 2.84 million was superior to 0.79 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 95.47%.
During the past 100 days, AXT Inc’s (AXTI) raw stochastic average was set at 98.79%, which indicates a significant increase from 97.74% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.53 in the past 14 days, which was higher than the 0.28 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.19, while its 200-day Moving Average is $2.41. Now, the first resistance to watch is $6.83. This is followed by the second major resistance level at $7.05. The third major resistance level sits at $7.45. If the price goes on to break the first support level at $6.21, it is likely to go to the next support level at $5.81. The third support level lies at $5.59 if the price breaches the second support level.
AXT Inc (NASDAQ: AXTI) Key Stats
Market capitalization of the company is 304.42 million based on 46,125K outstanding shares. Right now, sales total 99,360 K and income totals -11,620 K. The company made 17,970 K in profit during its latest quarter, and -7,010 K in sales during its previous quarter.
