MaxLinear Inc (NASDAQ:MXL) currently has a daily average trading volume of 938.92K but it saw 2050387 shares traded in last market. With a market cap of 1.19B USD, the company’s current market price of $14.14 came rising about 9.61 while comparing to the previous closing price of $12.90. In past 52 weeks, the stock remained buoying in the range of price level as high as $26.59 and as low as $12.48.
Taking a look at 20-day trading activity of MaxLinear Inc (MXL) gives us an average price of $20.85, while its current price level is -46.82% below from 52-week high level whereas it is 13.30% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $19.55 while that of 200 days or SMA-200 reads an average of $19.76. A closer look into the stock’s movement over the week reveals that its volatility is standing at 11.47% during that period while stretching the period over a month that decreases to 6.58%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 32.90 which implies that the stock is in neutral territory.
Craig Hallum upgraded its recommendation for the stock as a “Buy” from “Hold” on July 17, 2024 while assigning a price target range of $20-$38. Northland Capital issued its recommendations for the stock as it upgraded the price target for the stock is $30.
Over the week, MXL’s stock price is moving -36.56% down while it is -33.55% when we observe its performance for the past one month. Year-to-date it is -40.51% down and over the past year, the stock is showing a downside performance of -42.68%.
Currently, MaxLinear Inc’s total number of outstanding shares is 81.82M. Company’s return on investment (ROI) stands at -24.94% and return on equity (ROE) at -27.86%. It has a 30.74 of forward P/E ratio. Stock’s beta reads 1.88. Stock has a price to book (P/B) ratio of 1.92 while price to sale or P/S ratio amounts to 2.65. Its return on asset (ROA) is -17.79% on average.
