At the end of the latest market close, AXT Inc. (AXTI) was valued at $9.23. In that particular session, Stock kicked-off at the price of $9.06 while reaching the peak value of $9.06 and lowest value recorded on the day was $6.53. The stock current value is $7.68.Recently in News on August 12, 2021, AXT, Inc. Announces the Appointment of Morris Young as Chairman of its Board of Directors. AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor substrates, today announced that Morris Young, Chief Executive Officer, has been appointed Chairman of its Board of Directors, effective Aug. 12, 2021. Jesse Chen, who has served as Chairman of AXT’s Board of Directors since 2009, will continue to serve as Lead Independent Director and as a member of the Board. You can read further details here
AXT Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $15.84 on 02/19/21, with the lowest value was $6.53 for the same time period, recorded on 09/13/21.
AXT Inc. (AXTI) full year performance was 56.10%
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, AXT Inc. shares are logging -51.52% during the 52-week period from high price, and 58.19% 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 $4.86 and $15.84.
The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 5028353 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 AXT Inc. (AXTI) recorded performance in the market was -19.75%, having the revenues showcasing -37.56% 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 324.33M, as it employees total of 784 workers.
Specialists analysis on AXT Inc. (AXTI)
During the last month, 0 analysts gave the AXT 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 9.99, with a change in the price was noted -2.90. In a similar fashion, AXT Inc. posted a movement of -27.41% for the period of last 100 days, recording 412,149 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 AXTI is recording 0.05 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
Trends and Technical analysis: AXT Inc. (AXTI)
Raw Stochastic average of AXT Inc. in the period of last 50 days is set at 26.50%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 33.24%. In the last 20 days, the company’s Stochastic %K was 42.13% and its Stochastic %D was recorded 44.75%.
Now, considering the stocks previous presentation, 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 -19.75%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -45.18%, alongside a boost of 56.10% for the period of the last 12 months. The shares increased approximately by -21.71% in the 7-day charts and went down by -21.31% in the period of the last 30 days. Common stock shares were lifted by -37.56% during last recorded quarter.