In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
Axcelis Technologies Inc (NASDAQ: ACLS) closed the day trading at $55.00 down -8.20% from the previous closing price of $59.91. In other words, the price has decreased by -$8.20 from its previous closing price. On the day, 0.77 million shares were traded.
Ratios:
For a better understanding of ACLS, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.13 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.90. For the most recent quarter (mrq), Quick Ratio is recorded 4.05 and its Current Ratio is at 5.41. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.04.
Craig Hallum Upgraded its Hold to Buy on May 03, 2024, while the target price for the stock was maintained at $130.
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 29 ’24 when DOUGLAS LAWSON bought 7,254 shares for $112.07 per share.
Titinger Jorge sold 6,086 shares of ACLS for $669,338 on Aug 06 ’24. The Director now owns 5,891 shares after completing the transaction at $109.98 per share. On Aug 06 ’24, another insider, JORGE TITINGER, who serves as the Director of the company, bought 6,086 shares for $109.98 each.
Valuation Measures:
As of this moment, Axcelis’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.95, and their Forward P/E ratio for the next fiscal year is 14.64. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.76 while its Price-to-Book (P/B) ratio in mrq is 1.77.
Stock Price History:
Over the past 52 weeks, ACLS has reached a high of $158.61, while it has fallen to a 52-week low of $56.32. The 50-Day Moving Average of the stock is -19.34%, while the 200-Day Moving Average is calculated to be -43.78%.
Shares Statistics:
A total of 32.69M shares are outstanding, with a floating share count of 31.97M. Insiders hold about 1.64% of the company’s shares, while institutions hold 95.80% stake in the company.
