The stock of MaxLinear Inc (MXL) has gone up by 3.97% for the week, with a 3.90% rise in the past month and a 21.08% rise in the past quarter. The volatility ratio for the week is 4.59%, and the volatility levels for the past 30 days are 6.55% for MXL. The simple moving average for the past 20 days is 5.43% for MXL’s stock, with a -10.82% simple moving average for the past 200 days.
Is It Worth Investing in MaxLinear Inc (NASDAQ: MXL) Right Now?
Moreover, the 36-month beta value for MXL is 1.87. Analysts have varying opinions on the stock, with 5 analysts rating it as a “buy,” 2 as “overweight,” 6 as “hold,” and 0 as “sell.”
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The public float for MXL is 79.18M and currently, short sellers hold a 4.47% of that float. On November 21, 2024, MXL’s average trading volume was 1.31M shares.
MXL) stock’s latest price update
The stock of MaxLinear Inc (NASDAQ: MXL) has increased by 5.17 when compared to last closing price of 14.69. Despite this, the company has experienced a 3.97% gain in its stock price over the last five trading sessions. businesswire.com reported 2024-11-19 that CARLSBAD, Calif.–(BUSINESS WIRE)–MaxLinear announces participation at upcoming financial conferences in the fourth quarter of 2024.
Analysts’ Opinion of MXL
Many brokerage firms have already submitted their reports for MXL stocks, with Susquehanna repeating the rating for MXL by listing it as a “Neutral.” The predicted price for MXL in the upcoming period, according to Susquehanna is $15 based on the research report published on October 01, 2024 of the current year 2024.
Craig Hallum gave a rating of “Buy” to MXL, setting the target price at $38 in the report published on July 17th of the current year.
MXL Trading at 7.53% from the 50-Day Moving Average
After a stumble in the market that brought MXL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -41.90% of loss for the given period.
Volatility was left at 6.55%, however, over the last 30 days, the volatility rate increased by 4.59%, as shares surge +1.23% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.11% upper at present.
During the last 5 trading sessions, MXL rose by +2.79%, which changed the moving average for the period of 200-days by -13.41% in comparison to the 20-day moving average, which settled at $14.65. In addition, MaxLinear Inc saw -35.00% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at MXL starting from Torgerson William, who sale 6,100 shares at the price of $15.40 back on Nov 08 ’24. After this action, Torgerson William now owns 179,262 shares of MaxLinear Inc, valued at $93,941 using the latest closing price.
Torgerson William, the Officer of MaxLinear Inc, proposed sale 6,100 shares at $15.40 during a trade that took place back on Nov 08 ’24, which means that Torgerson William is holding shares at $93,941 based on the most recent closing price.
Stock Fundamentals for MXL
Current profitability levels for the company are sitting at:
- -0.57 for the present operating margin
- 0.54 for the gross margin
The net margin for MaxLinear Inc stands at -0.57. The total capital return value is set at -0.31. Equity return is now at value -35.86, with -22.60 for asset returns.
Based on MaxLinear Inc (MXL), the company’s capital structure generated 0.18 points at debt to capital in total, while cash flow to debt ratio is standing at -0.28. The debt to equity ratio resting at 0.22. The interest coverage ratio of the stock is -20.31.
Currently, EBITDA for the company is 9.53 million with net debt to EBITDA at -0.02. When we switch over and look at the enterprise to sales, we see a ratio of 3.29. The receivables turnover for the company is 8.21for trailing twelve months and the total asset turnover is 0.44. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.95.
Conclusion
To wrap up, the performance of MaxLinear Inc (MXL) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. 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.
