In the Green: MaxLinear Inc (MXL) Closes at 17.86, Up/Down 2.23 from Previous Day

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.

In the latest session, MaxLinear Inc (NASDAQ: MXL) closed at $17.86 up 2.23% from its previous closing price of $17.47. In other words, the price has increased by $2.23 from its previous closing price. On the day, 4.34 million shares were traded. MXL stock price reached its highest trading level at $18.21 during the session, while it also had its lowest trading level at $16.91.

Ratios:

For a deeper understanding of MaxLinear Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.28 and its Current Ratio is at 1.77. In the meantime, Its Debt-to-Equity ratio is 0.29 whereas as Long-Term Debt/Eq ratio is at 0.27.

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:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 1511556096 and an Enterprise Value of 1841839104. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.19 while its Price-to-Book (P/B) ratio in mrq is 2.93. Its current Enterprise Value per Revenue stands at 4.678 whereas that against EBITDA is -16.756.

Stock Price History:

The Beta on a monthly basis for MXL is 1.76, which has changed by 0.0028073788 over the last 52 weeks, in comparison to a change of 0.22208416 over the same period for the S&P500. 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 -7.73%, while the 200-Day Moving Average is calculated to be 3.05%.

Shares Statistics:

For the past three months, MXL has traded an average of 1.67M shares per day and 3152760 over the past ten days. A total of 84.61M shares are outstanding, with a floating share count of 79.48M. Insiders hold about 6.09% of the company’s shares, while institutions hold 84.70% stake in the company. Shares short for MXL as of 1736899200 were 4263944 with a Short Ratio of 2.56, compared to 1734048000 on 4436241. Therefore, it implies a Short% of Shares Outstanding of 4263944 and a Short% of Float of 7.99.

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