MaxLinear Inc (NASDAQ:MXL) currently has a daily average trading volume of 1.25M but it saw 939522 shares traded in last market. With a market cap of 1.19B USD, the company’s current market price of $14.16 came rising about 5.28 while comparing to the previous closing price of $13.45. In past 52 weeks, the stock remained buoying in the range of price level as high as $26.59 and as low as $11.08. In the recent trading on the day, stock has struck highest price mark of $13.14 while lowest mark touched by it was $14.16.
Taking a look at 20-day trading activity of MaxLinear Inc (MXL) gives us an average price of $13.03, while its current price level is -46.75% below from 52-week high level whereas it is 27.80% 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 $16.12 while that of 200 days or SMA-200 reads an average of $19.03. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.72% during that period while stretching the period over a month that increases to 6.74%. 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 51.77 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 -1.60% down while it is 21.23% when we observe its performance for the past one month. Year-to-date it is -40.43% down and over the past year, the stock is showing a downside performance of -37.48%.
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 33.63 of forward P/E ratio. Stock’s beta reads 1.85. 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.
