The stock of MaxLinear Inc (MXL) has gone up by 9.64% for the week, with a 29.18% rise in the past month and a 20.92% rise in the past quarter. The volatility ratio for the week is 7.84%, and the volatility levels for the past 30 days are 6.38% for MXL. The simple moving average for the last 20 days is 14.78% for MXL’s stock, with a simple moving average of 1.16% for the last 200 days.
Is It Worth Investing in MaxLinear Inc (NASDAQ: MXL) Right Now?
The 36-month beta value for MXL is also noteworthy at 1.87. There are mixed opinions on the stock, with 4 analysts rating it as a “buy,” 0 rating it as “overweight,” 7 rating it as “hold,” and 0 rating it as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for MXL is 79.18M, and at present, short sellers hold a 5.16% of that float. The average trading volume of MXL on December 04, 2024 was 1.28M shares.
MXL) stock’s latest price update
The stock of MaxLinear Inc (NASDAQ: MXL) has increased by 7.61 when compared to last closing price of 16.17.Despite this, the company has seen a gain of 9.64% in its stock price over the last five trading days. 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 Wells Fargo repeating the rating for MXL by listing it as a “Equal Weight.” The predicted price for MXL in the upcoming period, according to Wells Fargo is $14 based on the research report published on November 22, 2024 of the current year 2024.
Susquehanna, on the other hand, stated in their research note that they expect to see MXL reach a price target of $15. The rating they have provided for MXL stocks is “Neutral” according to the report published on October 01st, 2024.
MXL Trading at 19.43% 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 -34.56% of loss for the given period.
Volatility was left at 6.38%, however, over the last 30 days, the volatility rate increased by 7.84%, as shares surge +32.32% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +21.64% upper at present.
During the last 5 trading sessions, MXL rose by +9.64%, which changed the moving average for the period of 200-days by -11.09% in comparison to the 20-day moving average, which settled at $15.16. In addition, MaxLinear Inc saw -26.80% 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 Tewksbury Ted L III, who sale 5,800 shares at the price of $15.36 back on Nov 21 ’24. After this action, Tewksbury Ted L III now owns 69,717 shares of MaxLinear Inc, valued at $89,110 using the latest closing price.
Tewksbury Ted L III, the Director of MaxLinear Inc, proposed sale 5,800 shares at $15.36 during a trade that took place back on Nov 21 ’24, which means that Tewksbury Ted L III is holding shares at $89,110 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 3.74. 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
In summary, MaxLinear Inc (MXL) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as 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.
