Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
The closing price of AXT Inc (NASDAQ: AXTI) was $2.02 for the day, up 8.60% from the previous closing price of $1.86. In other words, the price has increased by $8.60% from its previous closing price. On the day, 0.59 million shares were traded. AXTI stock price reached its highest trading level at $2.0951 during the session, while it also had its lowest trading level at $1.92.
Ratios:
Our analysis of AXTI’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.92 and its Current Ratio is at 1.99. In the meantime, Its Debt-to-Equity ratio is 0.30 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:
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 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 92119472 and an Enterprise Value of 184718864. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.96 while its Price-to-Book (P/B) ratio in mrq is 0.51. Its current Enterprise Value per Revenue stands at 1.924 whereas that against EBITDA is -14.521.
Stock Price History:
The Beta on a monthly basis for AXTI is 1.99, which has changed by -0.44505495 over the last 52 weeks, in comparison to a change of 0.11213791 over the same period for the S&P500. Over the past 52 weeks, AXTI has reached a high of $4.03, while it has fallen to a 52-week low of $1.13. The 50-Day Moving Average of the stock is 31.13%, while the 200-Day Moving Average is calculated to be 4.01%.
Shares Statistics:
AXTI traded an average of 429.89K shares per day over the past three months and 1077830 shares per day over the past ten 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 31.85% stake in the company. Shares short for AXTI as of 1748563200 were 816598 with a Short Ratio of 1.90, compared to 1745971200 on 1014442. Therefore, it implies a Short% of Shares Outstanding of 816598 and a Short% of Float of 1.9199998999999999.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
