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.
As of close of business last night, AXT Inc’s stock clocked out at $1.46, down -7.01% from its previous closing price of $1.57. In other words, the price has decreased by -$7.01 from its previous closing price. On the day, 0.26 million shares were traded. AXTI stock price reached its highest trading level at $1.59 during the session, while it also had its lowest trading level at $1.46.
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 0.92 and its Current Ratio is at 1.99. In the meantime, Its Debt-to-Equity ratio is 0.30 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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AXTI now has a Market Capitalization of 66581404 and an Enterprise Value of 160093040. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.69 while its Price-to-Book (P/B) ratio in mrq is 0.37. Its current Enterprise Value per Revenue stands at 1.667 whereas that against EBITDA is -12.585.
Stock Price History:
The Beta on a monthly basis for AXTI is 2.00, which has changed by -0.60646904 over the last 52 weeks, in comparison to a change of 0.09362543 over the same period for the S&P500. Over the past 52 weeks, AXTI has reached a high of $4.03, while it has fallen to a 52-week low of $1.13. The 50-Day Moving Average of the stock is 2.31%, while the 200-Day Moving Average is calculated to be -27.77%.
Shares Statistics:
It appears that AXTI traded 502.92K shares on average per day over the past three months and 255960 shares per day over the past ten days. A total of 45.60M shares are outstanding, with a floating share count of 41.80M. Insiders hold about 8.33% of the company’s shares, while institutions hold 31.85% stake in the company. Shares short for AXTI as of 1745971200 were 1014442 with a Short Ratio of 2.02, compared to 1743379200 on 1095743. Therefore, it implies a Short% of Shares Outstanding of 1014442 and a Short% of Float of 2.3800000000000003.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
