Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The closing price of MaxLinear Inc (NASDAQ: MXL) was $14.15 for the day, down -0.35% from the previous closing price of $14.20. In other words, the price has decreased by -$0.35 from its previous closing price. On the day, 1.26 million shares were traded. MXL stock price reached its highest trading level at $14.6 during the session, while it also had its lowest trading level at $13.86.
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 1.59 and its Current Ratio is at 2.09. In the meantime, Its Debt-to-Equity ratio is 0.25 whereas as Long-Term Debt/Eq ratio is at 0.23.
Craig Hallum Upgraded its Hold to Buy on July 17, 2024, whereas the target price for the stock was revised from $20 to $38.
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 Jul 30 ’24 when SEENDRIPU KISHORE bought 108,303 shares for $12.94 per share. The transaction valued at 1,401,592 led to the insider holds 531,937 shares of the business.
Tewksbury Ted L III sold 12,000 shares of MXL for $234,840 on Mar 01 ’24. The Director now owns 61,556 shares after completing the transaction at $19.57 per share.
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 1187159552 and an Enterprise Value of 1155882752. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.65 while its Price-to-Book (P/B) ratio in mrq is 1.92. Its current Enterprise Value per Revenue stands at 2.579 whereas that against EBITDA is -13.55.
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 4.62%, while the 200-Day Moving Average is calculated to be -21.81%.
Shares Statistics:
MXL traded an average of 1.32M shares per day over the past three months and 970580 shares per day over the past ten days. A total of 81.82M shares are outstanding, with a floating share count of 78.72M. Insiders hold about 6.17% of the company’s shares, while institutions hold 87.29% stake in the company. Shares short for MXL as of 1727654400 were 3737005 with a Short Ratio of 2.82, compared to 1724976000 on 3332993. Therefore, it implies a Short% of Shares Outstanding of 3737005 and a Short% of Float of 7.06.
