The average price suggested by analysts for MAXN is $9.88, which is $5.02 above the current market price. The public float for MAXN is 31.18M, and currently, shorts hold a 18.07% of that float. The average trading volume for MAXN on November 21, 2023 was 1.45M shares.
MAXN) stock’s latest price update
The stock price of Maxeon Solar Technologies Ltd (NASDAQ: MAXN) has dropped by -5.17 compared to previous close of 5.13. Despite this, the company has seen a fall of -21.28% in its stock price over the last five trading days. The Motley Fool reported 2023-11-16 that Maxeon delivered revenue in line with its preliminary guidance, but fell well short of analysts’ earnings expectations in the third quarter. Shipments were negatively impacted after key customer SunPower fell behind on payments during the quarter.
MAXN’s Market Performance
Maxeon Solar Technologies Ltd (MAXN) has seen a -21.28% fall in stock performance for the week, with a -33.54% decline in the past month and a -66.05% plunge in the past quarter. The volatility ratio for the week is 12.24%, and the volatility levels for the past 30 days are at 8.67% for MAXN. The simple moving average for the past 20 days is -18.45% for MAXN’s stock, with a -76.15% simple moving average for the past 200 days.
MAXN Trading at -45.50% 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 -87.50% of loss for the given period.
Volatility was left at 8.67%, however, over the last 30 days, the volatility rate increased by 12.24%, as shares sank -34.34% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -67.15% lower at present.
During the last 5 trading sessions, MAXN fell by -22.23%, which changed the moving average for the period of 200-days by -77.69% in comparison to the 20-day moving average, which settled at $5.84. In addition, Maxeon Solar Technologies Ltd saw -69.71% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for MAXN
Current profitability levels for the company are sitting at:
- -18.69 for the present operating margin
- -4.81 for the gross margin
The net margin for Maxeon Solar Technologies Ltd stands at -25.23. The total capital return value is set at -38.11, while invested capital returns managed to touch -56.47. Equity return is now at value -47.23, with -8.02 for asset returns.
Based on Maxeon Solar Technologies Ltd (MAXN), the company’s capital structure generated 1,059.92 points at debt to equity in total, while total debt to capital is 91.38. Total debt to assets is 35.69, with long-term debt to equity ratio resting at 932.82. Finally, the long-term debt to capital ratio is 80.42.
When we switch over and look at the enterprise to sales, we see a ratio of 0.31, with the company’s debt to enterprise value settled at 0.58. The receivables turnover for the company is 10.89 and the total asset turnover is 0.92. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.37.
In conclusion, Maxeon Solar Technologies Ltd (MAXN) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.