Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
MaxLinear Inc (NASDAQ: MXL) closed the day trading at $9.15 down -3.38% from the previous closing price of $9.47. In other words, the price has decreased by -$3.38 from its previous closing price. On the day, 1.59 million shares were traded. MXL stock price reached its highest trading level at $10.24 during the session, while it also had its lowest trading level at $8.8109.
Ratios:
For a better understanding of MXL, let’s look at its different 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.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 790320256 and an Enterprise Value of 818724480. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.15 while its Price-to-Book (P/B) ratio in mrq is 1.50. Its current Enterprise Value per Revenue stands at 2.271 whereas that against EBITDA is -7.144.
Stock Price History:
The Beta on a monthly basis for MXL is 1.61, which has changed by -0.5867208 over the last 52 weeks, in comparison to a change of -0.034466684 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 $8.35. The 50-Day Moving Average of the stock is -36.22%, while the 200-Day Moving Average is calculated to be -43.35%.
Shares Statistics:
Over the past 3-months, MXL traded about 1.99M shares per day on average, while over the past 10 days, MXL traded about 1693280 shares per day. A total of 84.61M shares are outstanding, with a floating share count of 78.65M. Insiders hold about 7.07% of the company’s shares, while institutions hold 85.63% stake in the company. Shares short for MXL as of 1741910400 were 5423999 with a Short Ratio of 2.72, compared to 1739491200 on 5055706. Therefore, it implies a Short% of Shares Outstanding of 5423999 and a Short% of Float of 10.11.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
