On Friday, AXT Inc (NASDAQ: AXTI) opened higher 9.15% from the last session, before settling in for the closing price of $4.7. Price fluctuations for AXTI have ranged from $1.13 to $5.42 over the past 52 weeks.
Annual sales at Technology sector company slipped by -31.22% over the past five years. Company’s average yearly earnings per share was noted -178.95% at the time writing. With a float of $42.56 million, this company’s outstanding shares have now reached $46.08 million.
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 7.73%, 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
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted -0.05 earnings per share (EPS) for the quarter, besting the agreed prediction (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
Check out the current performance indicators for AXT Inc (AXTI). In the past quarter, the stock posted a quick ratio of 0.82. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.75.
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)
AXT Inc (NASDAQ: AXTI) saw its 5-day average volume 2.32 million, a positive change from its year-to-date volume of 0.66 million. As of the previous 9 days, the stock’s Stochastic %D was 55.22%.
During the past 100 days, AXT Inc’s (AXTI) raw stochastic average was set at 91.46%, which indicates a significant increase from 78.47% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.45 in the past 14 days, which was higher than the 0.21 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.17, while its 200-day Moving Average is $2.17. Nevertheless, the first resistance level for the watch stands at $5.46 in the near term. At $5.80, the stock is likely to face the second major resistance level. The third major resistance level sits at $6.11. If the price goes on to break the first support level at $4.81, it is likely to go to the next support level at $4.50. The third support level lies at $4.16 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 236.62 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.
