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After finishing at $0.74 in the prior trading day, Pixelworks Inc (NASDAQ: PXLW) closed at $0.71, down -3.91%. In other words, the price has decreased by -$3.91 from its previous closing price. On the day, 0.52 million shares were traded. PXLW stock price reached its highest trading level at $0.74 during the session, while it also had its lowest trading level at $0.7034.
Ratios:
Our goal is to gain a better understanding of PXLW by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.79 and its Current Ratio is at 4.21. In the meantime, Its Debt-to-Equity ratio is 13.29 whereas as Long-Term Debt/Eq ratio is at 6.41.
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, Needham on February 09, 2024, Reiterated its Buy rating but revised its target price to $3.50 from $3 previously.
On January 18, 2022, Colliers Securities Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $5.
On October 11, 2021, Needham started tracking the stock assigning a Buy rating and target price of $7.Needham initiated its Buy rating on October 11, 2021, with a $7 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 20 ’24 when Aman Haley F sold 5,269 shares for $0.77 per share. The transaction valued at 4,075 led to the insider holds 397,261 shares of the business.
DEBONIS TODD sold 24,039 shares of PXLW for $18,592 on Aug 20 ’24. The President and CEO now owns 1,741,184 shares after completing the transaction at $0.77 per share. On May 17 ’24, another insider, Aman Haley F, who serves as the Chief Financial Officer of the company, sold 5,443 shares for $1.15 each. As a result, the insider received 6,237 and left with 402,530 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, PXLW now has a Market Capitalization of 43328248 and an Enterprise Value of 59581104. 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 85.57. Its current Enterprise Value per Revenue stands at 0.982 whereas that against EBITDA is -2.513.
Stock Price History:
Over the past 52 weeks, PXLW has reached a high of $3.08, while it has fallen to a 52-week low of $0.74. The 50-Day Moving Average of the stock is -23.27%, while the 200-Day Moving Average is calculated to be -53.82%.
Shares Statistics:
The stock has traded on average 302.35K shares per day over the past 3-months and 323200 shares per day over the last 10 days, according to various share statistics. A total of 57.13M shares are outstanding, with a floating share count of 54.71M. Insiders hold about 6.56% of the company’s shares, while institutions hold 23.03% stake in the company. Shares short for PXLW as of 1722384000 were 410838 with a Short Ratio of 1.36, compared to 1719532800 on 557726. Therefore, it implies a Short% of Shares Outstanding of 410838 and a Short% of Float of 0.75.
