On Friday, AXT Inc (NASDAQ: AXTI) opened higher 8.61% from the last session, before settling in for the closing price of $7.32. Price fluctuations for AXTI have ranged from $1.13 to $7.53 over the past 52 weeks.
A company in the Technology sector has dropped its sales by -31.22% annually for the last half of the decade. Company’s average yearly earnings per share was noted -90.00% at the time writing. With a float of $42.00 million, this company’s outstanding shares have now reached $46.12 million.
In an organization with 1527 employees, it is important to assess its efficiency.
AXT Inc (AXTI) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Semiconductor Equipment & Materials industry is another important factor to consider. The insider ownership of AXT Inc is 7.99%, while institutional ownership is 31.32%. 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
If we go through the results of last quarter, which was made public on 12/31/2024, the company posted -0.1 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -0.04) by -0.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.02 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -90.00% per share during the next fiscal year.
AXT Inc (NASDAQ: AXTI) Trading Performance Indicators
Check out the current performance indicators for AXT Inc (AXTI). In the past quarter, the stock posted a quick ratio of 0.85. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.06.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.53, a number that is poised to hit -0.02 in the next quarter and is forecasted to reach 0.00 in one year’s time.
Technical Analysis of AXT Inc (AXTI)
Let’s dig in a bit further. During the last 5-days, its volume was 4.8 million. That was better than the volume of 0.87 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 81.79%.
During the past 100 days, AXT Inc’s (AXTI) raw stochastic average was set at 76.49%, which indicates a significant increase from 65.57% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.63 in the past 14 days, which was higher than the 0.31 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.49, while its 200-day Moving Average is $2.49. However, in the short run, AXT Inc’s stock first resistance to watch stands at $9.23. Second resistance stands at $10.50. The third major resistance level sits at $11.17. If the price goes on to break the first support level at $7.29, it is likely to go to the next support level at $6.62. The third support level lies at $5.35 if the price breaches the second support level.
AXT Inc (NASDAQ: AXTI) Key Stats
There are currently 46,125K shares outstanding in the company with a market cap of 366.69 million. Presently, the company’s annual sales total 99,360 K according to its annual income of -11,620 K. Last quarter, the company’s sales amounted to 17,970 K and its income totaled -7,010 K.
