For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
The closing price of MaxLinear Inc (NASDAQ: MXL) was $16.17 for the day, up 6.87% from the previous closing price of $15.13. In other words, the price has increased by $6.87 from its previous closing price. On the day, 0.93 million shares were traded. MXL stock price reached its highest trading level at $16.18 during the session, while it also had its lowest trading level at $15.1.
Ratios:
Our analysis of MXL’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.38 and its Current Ratio is at 1.95. In the meantime, Its Debt-to-Equity ratio is 0.27 whereas as Long-Term Debt/Eq ratio is at 0.26.
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:
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 Nov 21 ’24 when Tewksbury Ted L III sold 5,800 shares for $15.36 per share. The transaction valued at 89,110 led to the insider holds 69,717 shares of the business.
Tewksbury Ted L III bought 5,800 shares of MXL for $89,110 on Nov 21 ’24. On Nov 08 ’24, another insider, Torgerson William, who serves as the VP/GM, Broadband Group of the company, sold 6,100 shares for $15.40 each. As a result, the insider received 93,941 and left with 179,262 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 1364130304 and an Enterprise Value of 1367725952. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.60 while its Price-to-Book (P/B) ratio in mrq is 2.45. Its current Enterprise Value per Revenue stands at 3.474 whereas that against EBITDA is -12.443.
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 $11.08. The 50-Day Moving Average of the stock is 11.47%, while the 200-Day Moving Average is calculated to be -6.05%.
Shares Statistics:
MXL traded an average of 1.30M shares per day over the past three months and 849480 shares per day over the past ten days. A total of 84.36M shares are outstanding, with a floating share count of 79.18M. Insiders hold about 6.14% of the company’s shares, while institutions hold 84.32% stake in the company. Shares short for MXL as of 1731628800 were 4089471 with a Short Ratio of 3.14, compared to 1728950400 on 3539580. Therefore, it implies a Short% of Shares Outstanding of 4089471 and a Short% of Float of 7.66.
