Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The price of MaxLinear Inc (NASDAQ: MXL) closed at $19.43 in the last session, up 0.88% from day before closing price of $19.26. In other words, the price has increased by $0.88 from its previous closing price. On the day, 1.32 million shares were traded. MXL stock price reached its highest trading level at $20.29 during the session, while it also had its lowest trading level at $19.07.
Ratios:
We take a closer look at MXL’s different ratios to gain a better understanding of the stock. 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:
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 Dec 04 ’24 when Kwong Connie H. sold 5,000 shares for $18.61 per share. The transaction valued at 93,050 led to the insider holds 49,147 shares of the business.
Kwong Connie H. bought 5,000 shares of MXL for $93,050 on Dec 04 ’24. On Nov 21 ’24, another insider, Tewksbury Ted L III, who serves as the Director of the company, sold 5,800 shares for $15.36 each. As a result, the insider received 89,110 and left with 69,717 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 1639149824 and an Enterprise Value of 1642745344. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.30 while its Price-to-Book (P/B) ratio in mrq is 2.94. Its current Enterprise Value per Revenue stands at 4.172 whereas that against EBITDA is -14.945.
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 30.43%, while the 200-Day Moving Average is calculated to be 12.93%.
Shares Statistics:
According to the various share statistics, MXL traded on average about 1.36M shares per day over the past 3-months and 1700240 shares per day over the past 10 days. A total of 84.36M shares are outstanding, with a floating share count of 79.18M. Insiders hold about 6.14% of the company’s shares, while institutions hold 84.35% stake in the company. Shares short for MXL as of 1731628800 were 4089471 with a Short Ratio of 3.01, compared to 1728950400 on 3539580. Therefore, it implies a Short% of Shares Outstanding of 4089471 and a Short% of Float of 7.66.
