Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The closing price of MaxLinear Inc (NASDAQ: MXL) was $14.88 for the day, down -4.74% from the previous closing price of $15.62. In other words, the price has decreased by -$4.74 from its previous closing price. On the day, 0.82 million shares were traded. MXL stock price reached its highest trading level at $15.86 during the session, while it also had its lowest trading level at $14.795.
Ratios:
Our analysis of MXL’s different ratios will help us gain a deeper understanding of the company. 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.
Craig Hallum Upgraded its Hold to Buy on July 17, 2024, whereas the target price for the stock was revised from $20 to $38.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 08 ’24 when Torgerson William sold 6,100 shares for $15.40 per share. The transaction valued at 93,941 led to the insider holds 179,262 shares of the business.
Torgerson William bought 6,100 shares of MXL for $93,941 on Nov 08 ’24. On Jul 30 ’24, another insider, SEENDRIPU KISHORE, who serves as the Chairman, President and CEO of the company, bought 108,303 shares for $12.94 each. As a result, the insider paid 1,401,592 and bolstered with 531,937 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 1255303552 and an Enterprise Value of 1258899200. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.19 while its Price-to-Book (P/B) ratio in mrq is 2.25. Its current Enterprise Value per Revenue stands at 3.197 whereas that against EBITDA is -11.453.
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 4.39%, while the 200-Day Moving Average is calculated to be -14.65%.
Shares Statistics:
MXL traded an average of 1.33M shares per day over the past three months and 1704590 shares per day over the past ten days. A total of 81.82M shares are outstanding, with a floating share count of 79.19M. Insiders hold about 6.14% of the company’s shares, while institutions hold 88.20% stake in the company. Shares short for MXL as of 1730332800 were 3540474 with a Short Ratio of 2.66, compared to 1727654400 on 3737005. Therefore, it implies a Short% of Shares Outstanding of 3540474 and a Short% of Float of 6.6300004999999995.
