Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
As of close of business last night, MaxLinear Inc’s stock clocked out at $20.61, up 5.31% from its previous closing price of $19.57. In other words, the price has increased by $5.31 from its previous closing price. On the day, 0.8 million shares were traded. MXL stock price reached its highest trading level at $20.67 during the session, while it also had its lowest trading level at $19.53.
Ratios:
To gain a deeper understanding of MXL’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.38 and its Current Ratio is at 1.95. In the meantime, Its Debt-to-Equity ratio is 0.27 whereas as Long-Term Debt/Eq ratio is at 0.26.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Wells Fargo on November 22, 2024, initiated with a Equal Weight rating and assigned the stock a target price of $14.
On October 01, 2024, Susquehanna Downgraded its rating to Neutral which previously was Positive but kept the price unchanged to $15.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Dec 13 ’24 when LITCHFIELD STEVEN G sold 32,000 shares for $20.35 per share. The transaction valued at 651,206 led to the insider holds 365,868 shares of the business.
LITCHFIELD STEVEN G bought 32,000 shares of MXL for $651,206 on Dec 13 ’24. On Dec 11 ’24, another insider, MOYER ALBERT J, who serves as the Director of the company, sold 9,170 shares for $19.00 each. As a result, the insider received 174,230 and left with 60,652 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MXL now has a Market Capitalization of 1738696704 and an Enterprise Value of 1742292224. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.65 while its Price-to-Book (P/B) ratio in mrq is 3.12. Its current Enterprise Value per Revenue stands at 4.425 whereas that against EBITDA is -15.851.
Stock Price History:
Over the past 52 weeks, MXL has reached a high of $26.59, while it has fallen to a 52-week low of $11.08. The 50-Day Moving Average of the stock is 21.73%, while the 200-Day Moving Average is calculated to be 19.49%.
Shares Statistics:
It appears that MXL traded 1.43M shares on average per day over the past three months and 1056080 shares per day over the past ten days. A total of 84.36M shares are outstanding, with a floating share count of 79.22M. Insiders hold about 6.09% of the company’s shares, while institutions hold 84.38% stake in the company. Shares short for MXL as of 1734048000 were 4436241 with a Short Ratio of 3.09, compared to 1731628800 on 4089471. Therefore, it implies a Short% of Shares Outstanding of 4436241 and a Short% of Float of 8.3100006.
