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As of close of business last night, MaxLinear Inc’s stock clocked out at $19.55, down -6.46% from its previous closing price of $20.90. In other words, the price has decreased by -$6.46 from its previous closing price. On the day, 1.58 million shares were traded. MXL stock price reached its highest trading level at $20.5 during the session, while it also had its lowest trading level at $19.08.
Ratios:
To gain a deeper understanding of MXL’s stock, we examine its different ratios. 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:
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 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 1649273088 and an Enterprise Value of 1766757120. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.19 while its Price-to-Book (P/B) ratio in mrq is 2.96. Its current Enterprise Value per Revenue stands at 4.487 whereas that against EBITDA is -16.073.
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 25.11%, while the 200-Day Moving Average is calculated to be 13.58%.
Shares Statistics:
It appears that MXL traded 1.42M shares on average per day over the past three months and 2057880 shares per day over the past ten days. A total of 84.36M shares are outstanding, with a floating share count of 79.19M. Insiders hold about 6.13% of the company’s shares, while institutions hold 84.35% stake in the company. Shares short for MXL as of 1732838400 were 4167185 with a Short Ratio of 2.93, compared to 1730332800 on 3540474. Therefore, it implies a Short% of Shares Outstanding of 4167185 and a Short% of Float of 7.8.
