Maxeon Solar Technologies Ltd. (NASDAQ:MAXN) went down by -5.15% from its latest closing price compared to the recent 1-year high of $57.97. The company’s stock price has collected 0.18% of gains in the last five trading sessions. Press Release reported 7 hours ago that Maxeon Solar Technologies Announces Fourth Quarter and Fiscal Year 2020 Financial Results
Is It Worth Investing in Maxeon Solar Technologies Ltd. (NASDAQ :MAXN) Right Now?
Opinions of the stock are interesting as 1 analysts out of 3 who provided ratings for Maxeon Solar Technologies Ltd. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 0 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $40.33, which is $11.78 above the current price. MAXN currently public float of 13.59M and currently shorts hold a 21.46% ratio of that float. Today, the average trading volume of MAXN was 638.34K shares.
MAXN’s Market Performance
MAXN stocks went up by 0.18% for the week, with a monthly jump of 1.21% and a quarterly performance of -7.24%. The volatility ratio for the week stands at 8.30% while the volatility levels for the past 30 days are set at 9.79% for Maxeon Solar Technologies Ltd.. The simple moving average for the period of the last 20 days is -12.99% for MAXN stocks with a simple moving average of 1.96% for the last 200 days.
Analysts’ Opinion of MAXN
Many brokerage firms have already submitted their reports for MAXN stocks, with ROTH Capital repeating the rating for MAXN by listing it as a “Buy.” The predicted price for MAXN in the upcoming period, according to ROTH Capital is $43 based on the research report published on January 19th of the current year 2021.
Raymond James, on the other hand, stated in their research note that they expect to see MAXN reach a price target of $25. The rating they have provided for MAXN stocks is “Outperform” according to the report published on November 10th, 2020.
Goldman gave a rating of “Sell” to MAXN, setting the target price at $15 in the report published on October 16th of the previous year.
MAXN Trading at -24.81% from the 50-Day Moving Average
After a stumble in the market that brought MAXN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -50.75% of loss for the given period.
Volatility was left at 9.79%, however, over the last 30 days, the volatility rate increased by 8.30%, as shares sank -1.48% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -40.13% lower at present.
During the last 5 trading sessions, MAXN rose by +0.18%, in comparison to the 20-day moving average, which settled at $32.79. In addition, Maxeon Solar Technologies Ltd. saw 0.63% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for MAXN
Current profitability levels for the company are sitting at:
- -11.25 for the present operating margin
- -0.70 for the gross margin
The net margin for Maxeon Solar Technologies Ltd. stands at -15.28. The total capital return value is set at -29.09, while invested capital returns managed to touch -44.74.
Based on Maxeon Solar Technologies Ltd. (MAXN), the company’s capital structure generated 22.80 points at debt to equity in total, while total debt to capital is 18.56. Total debt to assets is 8.34, with long-term debt to equity ratio resting at 5.47. Finally, the long-term debt to capital ratio is 4.46.
The receivables turnover for the company is 8.67 and the total asset turnover is 1.22. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.19.