Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The price of Axcelis Technologies Inc (NASDAQ: ACLS) closed at $58.54 in the last session, up 3.98% from day before closing price of $56.30. In other words, the price has increased by $3.98 from its previous closing price. On the day, 0.56 million shares were traded.
Ratios:
We take a closer look at ACLS’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.29 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.63. For the most recent quarter (mrq), Quick Ratio is recorded 4.05 and its Current Ratio is at 5.41. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.07.
Craig Hallum Upgraded its Hold to Buy on May 03, 2024, while the target price for the stock was maintained at $130.
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 Aug 29 ’24 when DOUGLAS LAWSON bought 7,254 shares for $112.07 per share.
Titinger Jorge sold 6,086 shares of ACLS for $669,338 on Aug 06 ’24. The Director now owns 5,891 shares after completing the transaction at $109.98 per share. On Aug 06 ’24, another insider, JORGE TITINGER, who serves as the Director of the company, bought 6,086 shares for $109.98 each.
Valuation Measures:
As of this moment, Axcelis’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.53, and their Forward P/E ratio for the next fiscal year is 15.58. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.85 while its Price-to-Book (P/B) ratio in mrq is 1.87.
Stock Price History:
Over the past 52 weeks, ACLS has reached a high of $158.61, while it has fallen to a 52-week low of $53.67. The 50-Day Moving Average of the stock is -12.29%, while the 200-Day Moving Average is calculated to be -39.46%.
Shares Statistics:
A total of 32.37M shares are outstanding, with a floating share count of 31.63M. Insiders hold about 1.64% of the company’s shares, while institutions hold 96.84% stake in the company.
