Pixelworks Inc. (NASDAQ:PXLW) went up by 10.86% from its latest closing price compared to the recent 1-year high of $5.23. The company’s stock price has collected 18.43% of gains in the last five trading sessions. Press Release reported on 01/11/21 that TCL Broadens Multi-year Collaboration with Pixelworks to Extend Display Leadership Across Smartphone Portfolio
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Is It Worth Investing in Pixelworks Inc. (NASDAQ :PXLW) Right Now?
Plus, the 36-month beta value for PXLW is at 2.23. Opinions of the stock are interesting as 3 analysts out of 3 who provided ratings for Pixelworks Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $4.50, which is $1.03 above the current price. PXLW currently public float of 37.66M and currently shorts hold a 5.21% ratio of that float. Today, the average trading volume of PXLW was 558.61K shares.
PXLW’s Market Performance
PXLW stocks went up by 18.43% for the week, with a monthly jump of 35.81% and a quarterly performance of 48.29%, while its annual performance rate touched -15.16%. The volatility ratio for the week stands at 7.52% while the volatility levels for the past 30 days are set at 6.04% for Pixelworks Inc.. The simple moving average for the period of the last 20 days is 20.86% for PXLW stocks with a simple moving average of 18.31% for the last 200 days.
Analysts’ Opinion of PXLW
Lake Street, on the other hand, stated in their research note that they expect to see PXLW reach a price target of $3.50. The rating they have provided for PXLW stocks is “Hold” according to the report published on November 01st, 2019.
Dougherty & Company gave a rating of “Buy” to PXLW, setting the target price at $5.50 in the report published on May 03rd of the previous year.
PXLW Trading at 29.58% from the 50-Day Moving Average
After a stumble in the market that brought PXLW to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -33.65% of loss for the given period.
Volatility was left at 6.04%, however, over the last 30 days, the volatility rate increased by 7.52%, as shares surge +41.63% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +52.19% upper at present.
During the last 5 trading sessions, PXLW rose by +18.43%, which changed the moving average for the period of 200-days by +20.49% in comparison to the 20-day moving average, which settled at $2.92. In addition, Pixelworks Inc. saw 23.05% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at PXLW starting from HENEGHAN DANIEL, who purchase 10,000 shares at the price of $2.33 back on Aug 21. After this action, HENEGHAN DANIEL now owns 265,919 shares of Pixelworks Inc., valued at $23,299 using the latest closing price.
GIBSON C SCOTT, the Director of Pixelworks Inc., purchase 8,333 shares at $2.42 during a trade that took place back on Aug 17, which means that GIBSON C SCOTT is holding 10,283 shares at $20,162 based on the most recent closing price.
Stock Fundamentals for PXLW
Current profitability levels for the company are sitting at:
- -18.51 for the present operating margin
- +49.72 for the gross margin
The net margin for Pixelworks Inc. stands at -13.20. The total capital return value is set at -25.13, while invested capital returns managed to touch -18.61. Equity return is now at value -57.10, with -36.90 for asset returns.
Based on Pixelworks Inc. (PXLW), the company’s capital structure generated 15.07 points at debt to equity in total, while total debt to capital is 13.10. Total debt to assets is 11.08, with long-term debt to equity ratio resting at 9.79. Finally, the long-term debt to capital ratio is 8.51.
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When we switch over and look at the enterprise to sales, we see a ratio of 2.06, with the company’s debt to enterprise value settled at 0.05. The receivables turnover for the company is 7.68 and the total asset turnover is 1.06. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.33.
