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.
As of close of business last night, AXT Inc’s stock clocked out at $1.60, down -3.03% from its previous closing price of $1.65. In other words, the price has decreased by -$3.03 from its previous closing price. On the day, 1.12 million shares were traded.
Ratios:
To gain a deeper understanding of AXTI’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.99 and its Current Ratio is at 2.13. In the meantime, Its Debt-to-Equity ratio is 0.26 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:
Investing in insider trades can also provide an investor with insight into how management views future 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.72 while its Price-to-Book (P/B) ratio in mrq is 0.36.
Stock Price History:
Over the past 52 weeks, AXTI has reached a high of $5.64, while it has fallen to a 52-week low of $1.29. The 50-Day Moving Average of the stock is -23.71%, while the 200-Day Moving Average is calculated to be -38.94%.
Shares Statistics:
A total of 44.75M shares are outstanding, with a floating share count of 41.30M. Insiders hold about 7.65% of the company’s shares, while institutions hold 43.77% stake in the company.
