Pixelworks Inc. (PXLW) is priced at $2.45 after the most recent trading session. At the very opening of the session, the stock price was $2.55 and reached a high price of $2.59, prior to closing the session it reached the value of $2.56. The stock touched a low price of $2.43.
Recently in News on December 10, 2020, Pixelworks Announces Pricing of $12.0 Million Public Offering of Common Stock. Pixelworks, Inc. (Nasdaq: PXLW) today announced the pricing of an underwritten public offering of 4,900,000 shares of its common stock at a price to the public of $2.45 per share. All of the shares in the offering are being sold by Pixelworks. The gross proceeds to Pixelworks from the offering, before deducting the underwriting discounts and commissions and other offering expenses, are expected to be approximately $12.0 million. The offering is expected to close on or about December 14, 2020, subject to customary closing conditions. In addition, Pixelworks has granted the underwriters a 30-day option to purchase up to an additional 735,000 shares of its common stock at the public offering price, less underwriting discounts and commissions. You can read further details here
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Pixelworks Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $5.23 on 02/19/20, with the lowest value was $1.85 for the same time period, recorded on 11/04/20.
Pixelworks Inc. (PXLW) full year performance was -18.33%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Pixelworks Inc. shares are logging -53.15% during the 52-week period from high price, and 32.63% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $1.85 and $5.23.
The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 1050643 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Pixelworks Inc. (PXLW) recorded performance in the market was -37.50%, having the revenues showcasing 7.93% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 107.41M, as it employees total of 229 workers.
Analysts verdict on Pixelworks Inc. (PXLW)
During the last month, 0 analysts gave the Pixelworks Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 2.47, with a change in the price was noted -0.74. In a similar fashion, Pixelworks Inc. posted a movement of -23.20% for the period of last 100 days, recording 459,035 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for PXLW is recording 0.11 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
Pixelworks Inc. (PXLW): Technical Analysis
Raw Stochastic average of Pixelworks Inc. in the period of last 50 days is set at 47.73%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 25.84%. In the last 20 days, the company’s Stochastic %K was 37.27% and its Stochastic %D was recorded 49.44%.
Let’s take a glance in the erstwhile performances of Pixelworks Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -37.50%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -29.60%, alongside a downfall of -18.33% for the period of the last 12 months. The shares increased approximately by -12.81% in the 7-day charts and went down by 3.81% in the period of the last 30 days. Common stock shares were driven by 7.93% during last recorded quarter.