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The closing price of MaxLinear Inc (NASDAQ: MXL) was $10.22 for the day, up 0.69% from the previous closing price of $10.15. In other words, the price has increased by $0.69 from its previous closing price. On the day, 0.88 million shares were traded. MXL stock price reached its highest trading level at $10.2597 during the session, while it also had its lowest trading level at $9.94.
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 1.28 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:
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 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 882740288 and an Enterprise Value of 895741056. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.45 while its Price-to-Book (P/B) ratio in mrq is 1.67. Its current Enterprise Value per Revenue stands at 2.485 whereas that against EBITDA is -7.817.
Stock Price History:
The Beta on a monthly basis for MXL is 1.62, which has changed by -0.4843592 over the last 52 weeks, in comparison to a change of 0.05430484 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 -22.16%, while the 200-Day Moving Average is calculated to be -35.30%.
Shares Statistics:
MXL traded an average of 1.96M shares per day over the past three months and 1603520 shares per day over the past ten days. A total of 84.61M shares are outstanding, with a floating share count of 80.27M. Insiders hold about 7.07% of the company’s shares, while institutions hold 81.58% stake in the company. Shares short for MXL as of 1743379200 were 5466076 with a Short Ratio of 2.79, compared to 1740700800 on 5548298. Therefore, it implies a Short% of Shares Outstanding of 5466076 and a Short% of Float of 9.58.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
