In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The price of AXT Inc (NASDAQ: AXTI) closed at $1.92 in the last session, down -7.69% from day before closing price of $2.08. In other words, the price has decreased by -$7.69 from its previous closing price. On the day, 0.56 million shares were traded. AXTI stock price reached its highest trading level at $2.1092 during the session, while it also had its lowest trading level at $1.8501.
Ratios:
We take a closer look at AXTI’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.82 and its Current Ratio is at 1.82. In the meantime, Its Debt-to-Equity ratio is 0.32 whereas as Long-Term Debt/Eq ratio is at 0.01.
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 the company, Craig Hallum on February 23, 2024, Upgraded its rating to Buy and sets its target price to $3.75 from $2.25 previously.
On February 23, 2024, B. Riley Securities Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $2.40 to $3.80.
Craig Hallum Downgraded its Buy to Hold on February 17, 2023, whereas the target price for the stock was revised from $7 to $5.50.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Feb 25 ’25 when YOUNG MORRIS S bought 30,000 shares for $1.36 per share. The transaction valued at 40,929 led to the insider holds 2,449,490 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AXTI now has a Market Capitalization of 88248576 and an Enterprise Value of 179007200. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.02 while its Price-to-Book (P/B) ratio in mrq is 0.48. Its current Enterprise Value per Revenue stands at 2.08 whereas that against EBITDA is -10.167.
Stock Price History:
The Beta on a monthly basis for AXTI is 2.10, which has changed by -0.1898734 over the last 52 weeks, in comparison to a change of 0.20277917 over the same period for the S&P500. Over the past 52 weeks, AXTI has reached a high of $3.54, while it has fallen to a 52-week low of $1.13. The 50-Day Moving Average of the stock is -5.94%, while the 200-Day Moving Average is calculated to be -0.61%.
Shares Statistics:
According to the various share statistics, AXTI traded on average about 463.04K shares per day over the past 3-months and 307510 shares per day over the past 10 days. A total of 45.60M shares are outstanding, with a floating share count of 41.80M. Insiders hold about 8.33% of the company’s shares, while institutions hold 31.78% stake in the company. Shares short for AXTI as of 1752537600 were 809204 with a Short Ratio of 1.75, compared to 1749772800 on 568501. Therefore, it implies a Short% of Shares Outstanding of 809204 and a Short% of Float of 1.9.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
