Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
The price of MaxLinear Inc (NASDAQ: MXL) closed at $10.14 in the last session, up 5.02% from day before closing price of $9.65. In other words, the price has increased by $5.02 from its previous closing price. On the day, 2.4 million shares were traded.
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 1.19 and its Current Ratio is at 1.63. In the meantime, Its Debt-to-Equity ratio is 0.30 whereas as Long-Term Debt/Eq ratio is at 0.28.
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 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 2.42 while its Price-to-Book (P/B) ratio in mrq is 1.78.
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 $8.35. The 50-Day Moving Average of the stock is -18.78%, while the 200-Day Moving Average is calculated to be -34.59%.
Shares Statistics:
A total of 86.37M shares are outstanding, with a floating share count of 80.27M. Insiders hold about 7.07% of the company’s shares, while institutions hold 81.55% stake in the company.
